"At 6c EDT is trading at more than 50% of NTA. Sure its still at a discount to 11c, but its not cheap. Their are plenty REITs and others trading at substancial discounts."
Please indicate the other US Retail Reits (shopping mall owners and managers) that are trading at such substantial discounts to NTA (as EDT & CER).
With the risk now removed, EDT is cheap and that is why there is such keen insto interest.
EDT Price at posting:
5.7¢ Sentiment: Hold Disclosure: Held
