Bad news this. CRE M2M will be around 70% fall as they are at the pointy end of LVRs eg those at the 80% + loan mark will be marked to around zero. Still some equity left but a real need for some asset sales.....
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- current nta per share is still over 70c
Bad news this. CRE M2M will be around 70% fall as they are at...
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