"The official reason for the SP fall seems to be a reduction in earnings from the acquired Westfield business for FY19. To me it seems to be around timing delays on developments and piecemeal earnings in the previous year. "
Yes, although when I saw the Westfield figures in the release, a part of me did think, "I'm not sure I will ever be overly keen to be a counter-party to the Lowy's in any commercial transaction." Lol.
"The official reason for the SP fall seems to be a reduction in...
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