Wickhams Hill are Short Lifestyle Communities, page-12

I am speculating that AusSuper might double down on their stake to try and pressure Wicked Downhill and it's still relatively cheap at this price range. State Street has been in and out which could be also a big problem in a couple of months to push the prices downwards.

I think the Balance sheet is one thing but they have a long-standing relationship with Todd Devine Homes which helps each other to prevent any potential shock that could impact on bankruptcy.

The risk now is RBA increasing interest rates which could force seniors/downsizers to hold onto their existing properties. Which could risk canceling the sales of some LIC properties.