" CDP Board must appreciate they will be completely outwitted and made to look like a bunch of knuckleheads if they are forced to raise capital at a ridiculously cheap price. They must have some plan to counter this scenario or so you would think. They cannot be that dumb. Kinda makes sense."
If you actually took the trouble to read the financial information - which has been duly and independently audited - provided to you in the Annual Report, you'll see that it, in fact, makes no sense at all.
The debt is secured against the assets of the Trust and only matures in about 18 months' time:
"Two lots of conspiracy theory to consider from a well connected friend in the commercial property game."
"Well-connected" and "well-informed" are often mutually exclusive.
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" CDP Board must appreciate they will be completely outwitted...
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Mkt cap ! $349.5M | |||
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