ILF
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2.56% 19.0¢ ing real estate community living group

Ann: New York Asset Sales , page-10

  1. psi81
    6,314 Posts.
    lightbulb Created with Sketch. 2512
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    25/05/12
    09:18
    Post #: 10221801
    I guess a share buyback is logical when it's trading at a discount to book value. Especially now when NAV should be 35c. That's a 40% discount!

    But reinstating distributions would probably do something to redress the balance too.
    ILF Price at posting: 20.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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