GDI 1.72% 57.0¢ gdi property group

Ann: Annual results announcement, page-11

  1. 350 Posts.
    lightbulb Created with Sketch. 37
    Still some support for the company at least.
    Further purchasing on 19.09. Why is everyone saying that they will need to raise capital?

    Syndication of Westralia will raise plenty of money. Hope they get started on this soon. Not sure who asked this but yes, it includes WS2 I believe. So potentially they are waiting for 80+% occupancy in this new build before going to investors.
    GDI have done an OK job on leasing in the Perth market in past 12 months. I can keep ignoring the share price for now, and stick it in the bottom draw..
 
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