WDC 0.00% $10.84 westfield group

Thumbs up from me ROEROC,As it stands now i believe the lowy...

  1. 3,808 Posts.
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    Thumbs up from me ROEROC,
    As it stands now i believe the lowy family have said they are taking thier full entitlement.(please correct me if i'm wrong)
    So at the moment i'm happy to put my money where they put thiers!
    If that changes then i would certainly be selling my WRT holdings, i may even do that on the first decent bounce it has as i see much more upside value in the international operations, as you said Austrlalia has pretty much topped out it's upside potential.
    The fact theres been no legitimate suggestions of takeover offers leads me to believe Big Frank is preparing for another market correction by getting in early to raise some money to protect the balance sheet.
    I'm certainly confident that the Lowy family know what they are doing and i'm more than happy to keep holding WDC and will wait and see on the WRT holding.

 
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