If you don’t know what englobo sale means you shouldn’t be a...

If you don’t know what englobo sale means you shouldn’t be a shareholder of a land developer.

Learn what englobo means by going through the back announcers of land developers far enough, particularly Devine, most of the others went bust or changed their code, or both. Reading the old announcements will give you an idea how bad thing got for land developers during the GFC.

Next year there may be a change if government. The new gov’t policies are anti property and even more anti property investor.

A credit squeeze is when you can’t get credit. What do you think is going on at the moment?

GLTAH