PPI 0.00% 10.5¢ pelorus property group limited.

Whats with Pelorus Property Group ?Less than 2 years ago Pelorus...

  1. 12 Posts.
    Whats with Pelorus Property Group ?
    Less than 2 years ago Pelorus purchased a property known as Bakehouse Quarter and a number of smaller properties from some of their directors. This at a time when the market was falling. And without a current valuation.

    Now, when it looks that property is at or near bottom, the company is privatising the same property.

    Does this mean they are contrarians?
 
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Currently unlisted public company.

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