MIX 0.00% 21.7¢ mirvac industrial trust

mix does this look oversold question mark, page-6

  1. LZA
    1,858 Posts.
    well they are putting their money where their mouth is a buying back 10% and have the cash too.
    of some concern is the 9% vacancy rate which is not a good position if recession is looming, but market has a bid discount factored in already.
    with US forecast to slow into late 08 it might be a bit too soon to jump onto this one imo
 
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