@2.4 cents market cap is 38.6m, page-49

Cajx I heard from someone the other day in the UK talking about the 700mil they raised and havent spent. + the Dawnay Day sale is finally going ahead.
I have been saying it for a month or more now, I think, broadly speaking that the UK may have found a bottom property wise?
Assuming people people manage to stave off banking fire sales, I think people with cash that have been waiting on the sides may start buying well priced assets if they begin to believe that this fire sale armageddon may not happen.
The finance sector should start lending to some extent, once the government initiatives begin to have some effect (bad loans security + QE).

The biggest unknown to me is what the level of default, vacancy etc will be on average? This would factor heavily into any decision I was making on behalf of a fund.