I read the MCW is buying some property off a Charter Hall unlisted fund. This seems to be an awful related party transaction right? The unlisted funds probably have not booked nearly as much asset devaluation as the listed funds (MOF/MCW), therefore I would guess MCW is paying to much for assets to save some of Charter Halls other customers.
I'm guess they will pull this crap with MOF as well.
I wanted to hold MOF to try an regain some of my lost thousands, but I'm thinking off taking my losses and selling up. Tell me I'm wrong, and this type of management is in my interests, and I should keep holding.
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I read the MCW is buying some property off a Charter Hall...
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