mackum8,
Please find a link to an announcement dated 1 July 2011
Valuation $8 to $17.5 Mil.
Being fair WAL would not conduct such a close inhouse purchase without indepandent valuations etc.
Please be careful with the comments.
Disapointed Mick Stroud did not explain the benifits of the sale.
http://www.asx.com.au/asxpdf/20110701/pdf/41zjxvrqfnkzww.pdf