I didn't think Valad had any short term debt? The Kimco deal took care of that problem.
Did anyone see AFR's Portfolio Round Table today? Tim Hannon from GoldmanSachsJBWere reckons Valad is a deep value story and sees "significant valuation upside". The message hasn't gotten thru to the market just yet , another yawn of a day. Will sense ever prevail?
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