1. Yes agreed, but the assets in Australia won't (well not anytime soon) but then again 44% are leased to supermarkets, so they should provide a good income stream because everybody needs to go to the supermarket, even during a recession, which means their assets value shouldn't drop as significantly as other properties.
2. According to comsec total liabilities are $4.4bn now i'm not sure whether this figure is accurate or not. But only $3.9bn is of concern atm as the sub-prime mess could improve next year
3. this should become clearer soon
4. the man was too ambitious =(
1. Yes agreed, but the assets in Australia won't (well not...
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