preopen again, page-3

well I agree with what you say. Provided some of the property can be realised for something close to NTA.

The problem is, some NAB clown will sell a $10m property to his brother-in-law for $2m. Thats the key risk now.

The other odd thing, is that RJT's dividend ( which it already went ex- before christmas ), was supposed to be payable on 21 March. Thats tardy even by property trust standards - all the rest already paid. The other odd thing about that, its a public holiday. Odd dist payment date.

I had not noticed anything odd about the AUD/YEN exchange rate.