INA 0.57% $5.24 ingenia communities group

Ann: Ingenia FY13 Results Presentation , page-9

  1. 6,314 Posts.
    lightbulb Created with Sketch. 2512
    Yeah my eyebrows were raised when I saw they were going for ANOTHER cap raising so soon after the last one, but I look at this way - this could be a once in a generation opportunity (and INA obviously believe it is).

    There will be short-term dilution but the yields on these properties are impressive. Might as well snap them up while they can.

    I have not only decided to take up my allocation in full but may look to buy a few more before the ex-date, if the SP cooperates. At the moment it isn't, the market seems to like the deal!
 
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