This is so wrong. Board are all in bed with the “pension funds” that are going to be bidding for pexa. Link is the biggest administrator for the funds and is conflicted.
Conceying of property sales will skyrocket as NSW and other states remove lump sum stamp duty and go to a year by year arrangement. Yet the Link board wants to sell Pexa??? None of this will be factored into todays value.
None of the major institutional shareholders will say anything because they fear reprisal from their industry fund overlords.
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