COF centuria office reit

Ann: Q1 FY24 Operating Update, page-3

  1. 212 Posts.
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    Seems like a solid enough update.

    The things I dislike are that it:
    1. Makes no mention of the extraordinary discount to NTA and horrific shareholder outcomes.
    2. Fails to outline specific initiatives to turn the tide.

    I would be fine with the above if we saw significant on-market support from the directors. Given we aren't observing that, I'm skeptical whether they believe the rosy outlook.
 
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