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Ann: Appendix 4C & Operational Report, page-14

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    it is easy to increase sales figures taking a loss.
    a bit harder to make a profit.
    IVT have a track record of overpromising and underdelivering
    you would need far more than 1 press release to convince me
    rather have the 2 bed Sydney unit
    at least I know it will still be there next year
 
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