Suess
With all respect, you must be joking or at least reading something different than I am on the GUL website. The December quarterly included the momentous phrase under the heading Property - "We continue to hold the properties and Normanhurst and St Ives." And not a tittle or whimsical hint more. It doesnt even say if the St I've property is being leased or not. If management can't develop these properties in a rising Sydney market then they should assign their development to a proper property company that has the skills to do it.
Enough of my ranting - today's frustrations will be forgotten if they can deliver something material on the coal, on the thermal, on the metals, on the share trading or has that been stopped. Has it all been stopped, except the hopes and dreams?
K
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