Would the NAV of $2.79 as at Feb 2011 have been slightly affected by the payout to Hurley?
Anyway, I suspect this will be more than offset by an improvement in property values since 31 Dec 2010 due to a slight tightening in yields accross the prime properties within the portfolio.
Surely, assuming this announcement refers to the whole business, and not just a component, a figure in the range of $2.50 to $3.00 is anticipated.....?
Surely anything less will be rejected, however interest at a level anywhere near this will promote a swift increase from the circa $1 current sp.
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