Share price hardly jumped on the merger., page-5

lm sure you are right Bullishbearish. lm just wondering what angle Australian Retirement Trust are looking to exploit? They paid nearly top dollar for an asset thats fully valued. l assume they are ultra conservative and know what they are doing. Therefore, they expect very healthy capital growth to return to their own shareholders as time goes on one would faily assume. If it was just a case of getting a bit more gold exposure, the Q-Super/SunSuper team could have picked a myriad of Australian Gold mining companies in which to invest. They chose Red5 presumably because they know something average Joe dosen't. If thats tbe case, then there is plenty of upside left to run, consolidation or not. At least thats how l rationalise it. Possibly a 3-5 year hold that will out perform. l would be more than happy with that senario.