Hello all,I'm just wondering whether some people are playing up...

Hello all,

I'm just wondering whether some people are playing up with this share price in order to bring this down inline with other REITs especially in line with MOF...

You know something like kids playing...how come our SP is so low compared with yours and we are in the same category..we'll bring you down as well... etc etc..
2 years ago both MOF and IOF are at the same level of $1.60 / unit but mof fell at much faster rate compared with IOF...thats why now IOF is trying to catch up with MOF... (i'm just comparing the share price as numbers and i do understand both the companies are different)
One more thing i am noticing is the market cap... if these guys have not yet spend the $400 million they raised in capital, they can buy all their units back in next week at the current market price...(if the price keeps falling at this rate)..
Finally it is a vicious circle called business in which we are all operating...for eg CBA and MQG are one of their tenants according to their latest tenant list before the capital raising and for the gods sake both CBA and MQG have their own property trusts and buildings to lease...whom they are fooling??? as i dig deeper and deeper into this stock market and functions sometimes (or i should say, most of the times) i feel ridiculus...
God help us to understand such market behaviours...

Good luck to all holders...i'm waiting in the sidelines to buy some if it falls below certain level, which i'm expecting it to fall...

Cheers
PMT