G'day Nort,Well I must say I'm sorry I took up the offer because...

G'day Nort,

Well I must say I'm sorry I took up the offer because I could of doubled my holdings at these lower prices. MOF nows owes me 26c so I'm not that worried. Company say locked into long term contracts and even if your speculation is correct on renegociated contracts I think this stock represents good value. A lot of this is sentiment for REIT's who are under capitalised and weakness in the property market.
If you haven't taken up the offer and don't want to buy you must have taken a real bath on your original holdings, just when we are seeing the first real signs the property market in the U.S. is begining to turn around and world wide stimulus packages are before parliments.
Must admit I like to hold longer term but good luck with your day trading, I can't identify enough companies to be a speculator but admire those of you who can. 'I may be in the gutter but I'm looking at the stars'

Jeff