Thanks for that Grandmaster, I dont get the chance to read the Aus papers from the middle east so its always interesting.
I was reading back through the IEF report and I think you would get more just for the RE (bourbon, Aussie Rules Club) than what the properties are being held for on the IEF books.
Maybe it would make sense for IEF to spend the money on a DA for the combined site.
Either way I think they need to work those two places harder. They are both in relatively prime positions in the Cross, but neither seem to be doing that well, judging by the valuation metrics.
I was thinking through some stuff and was going to email Dan re the Aussie rules club, but I cant find his email address.
We should hear about the re-finance being locked in within the week.
Thanks for that Grandmaster, I dont get the chance to read the...
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