Book value of their properties is probably book at cost
but the actually for the 2 properties worth hell of a lot more than on book value.
Number been chuck around those 2 properties is around 750m - 1 Billion on market where on book it's only 460m.
at 2.20 or under PE can make a play and still comes out ahead.
DJS I reckon it all about timing, at this price it is a matter of WHEN...
follow the smart money Simon Marais... Most stocks he touch
target for takeover and his latest play is DJS.
I have my order in, but not yet owned :-)
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