what the market was looking for, page-2

Pretty pathetic.
Of all the reits, this one of course shows a pretty
bad result. And now Hurley is proposing a 1:10 consolidation? He still gets paid,for what not sure some days, but consolidation is not the solution. If anything, more of a deception to get the sp closer to $1 so he can say in a few years that following the 2007 crash, the sp recovered. I'll vote against consolidation since sends a signal management has no other clue - I'd prefer they dumped the directors and got new ones. Previously I was never one for a takeover - but now, as regards shareholder wealth, may be the best option. If other reits in general are showing better results, then I'd go with management incompetence as the underlying reason for VPG figures.