GOZ 4.09% $2.29 growthpoint properties australia

Its was a writedown on property value, which was insignificant...

  1. 6,633 Posts.
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    Its was a writedown on property value, which was insignificant compared to the writedown the market put on GOZ share price.

    The 25% gain in the last 6 weeks is likely because it looks like we are past peak bond prices, which in theory reduces refinancing risk, which wasnt a risk for us anyway. This was a clear example of the failure of the market to properly value a stock.
 
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