Find below article in today's The Age re: hedge funds purchase of REITs below NTA;
http://www.theage.com.au/business/hedge-funds-are-circling-the-reits-20110531-1felk.html
I still do not understand why managment is willing to sell below NTA and agree to break fees!
Under the veneer it looks like the company is run by a bunch of amateurs!
I will be voting against it!
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