fkp’s brown succumbs to pressure to leave, page-2

For mine, it is time Mulpha & Stockland applied some pressure to wind the company up.

The NTA -vs- SP impasse has gone way beyond a reasonable time frame, whilst those at the top, sit back, collect & bank the rentals for as long as they can. A tough job.

Where is the logic of another dilutive issue to get a demerger away ?

Board, step up to the plate, announce a two year plan to sell down assets, and give all shareholders their $1.00 plus capital back for the bottom line is simply this, there are now way too many shares on issue for the company to ever pay a future meaningful dividend that would ever be reflected in a substantially improved share price anywhere approaching the NTA in the short-medium term.

Stop the procrastination - Cash up !