Shall not Stayer! MPO disappointed me a bit when they sold Gloucester as I thought that was the jewel in the crown for them. Mungi and Hardcourt/Bindaree are okay but when I looked they didn't excite me too much. Must admit I haven't looked at it for awhile. Share buy back of 10% from funds from Gloucester is a plus to bring them back to around 160 or so million shares from memories. But yes given their cash and what they do have already those who bought in Nov 08 through to Jan 2009 are sitting nicely!
WCL excites me though with Mt St MARTIN and BALD HILLS! Options are at present a good option as they're trading at a discount to the main share!
PES
pepper residential securities trust no. 21
