MUE
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0.00% 7.1¢ multiplex european property fund

Perhaps a bit disappointing sale price of the remaining 61...

  1. boxhillnorth
    1,579 Posts.
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    09/03/15
    12:53
    Post #: 14882471
    Perhaps a bit disappointing sale price of the remaining 61 properties as I thought they would have been attractive in a Q.E. boosted Euro- zone.

    Guess the fire sale nature hurt.

    So as I read it the upside is 8.6c and the downside could be zero if the Australian held 2.4c is needed to fund a German tax case in the courts. Further, no resolution for 2 + years.

    Given these factors, I would have thought 6.1c is high for now. Entry around 4.5 to 5c in 6 months more reasonable to me.
    MUE Price at posting: 6.1¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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