Why isn't it good value, it is trading about NTA due to the safe, reliable long-term tenants in their properties. The government is developing the Casey hospital further which should have a positive impact on GHC's Casey specialist centre and their second development which started in January 2016 - this has a current book value of $10m which I expect will appreciate as construction progresses and then opens. I expect the Frankston development which has a book value of $8.3m will also appreciate.
GHC Price at posting:
$1.90 Sentiment: Hold Disclosure: Held
