I tend to agree. No one seems to care about Myer’s assets...such as the freehold stores in Dubbo, Wagga and Bendigo that are carried at cost (9.6m) on the balance sheet and the previous owners were trying to sell off for 50m before the GFC hit, wonder what they are worth now with the regional boom we are seeing!
The market is so very bifurcated right now- will be interesting to see it play out.
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