ALZ australand property group

Gives alot of confidence that the next $50 million is going to...

  1. 7,809 Posts.
    Gives alot of confidence that the next $50 million is going to be received or may have been already and a 3 cent rental div will be announced soon . For all the gloom about REIT's generally the reality is that ALZ, IIF, MDT, MCW and CER are all reducing debt via sales . So I do think that the ALZ director buying is a very good sign of confidence . 150,000 @ approx 50 cents is no small change if he is feeling gloomy about prospects .
 
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