hey dargie, thanks for wiping out $3 equity per share :-) I totally forgot the 900m write downs...you can't blame me, PWC made a 1.5b debt classification error with Centro and they got paid for it. My mistake was totally free.
BTW, it seems like PIH is gaining some momentum with the jump from 3.5 to 3.7. Agree on discount value from NTA but still I can't get to a confidence level to get in. I rather stay on the sidelines for a while.
Cheers
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