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  1. 18,903 Posts.
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    Virgil,

    Yes Macquaries valuation must be tongue in cheek, considering the state of Macquarie DDR, and its balance sheet being in a worse state than Valad's IMO.

    From January..

    http://www.theaustralian.news.com.au/story/0,,23068792-25658,00.html?from=public_rss
 
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