GPT 0.20% $5.09 gpt group

bought at 1.775, page-30

  1. 14,166 Posts.
    lightbulb Created with Sketch. 118
    I've been averaging down Maca...

    I bought some at 1.77 today

    There is no indication that the business is b*@ered is there?

    no short term debt worries

    all the debt on the jv is long term and the interest rates are hedged

    46% look through debt is below the 50% covenant

    assets would have to fall 10% across the board to go over the covenant.

    A lot of talk about what might happen though



    eg

    assets might lose value

 
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