"Merrill Lynch's property team said it was most concerned about the forecasts for Australand, GPT, Lend Lease, Macquarie DDR Trust, Macquarie CountryWide, Mirvac and Valad. It also said Centro and Rubicon Europe were on the brink of bankruptcy."
A bit extremist don't you think? Have they forgotten the whole market has fallen 1000 points?
CNP Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held