Views change,, i was the first to say this would trade 220.. i was right... 200 was cheap.. but given the last month or so and today's this news... this goes the same way a THG.. 70's
Still cannot work out why this trades at a 50 % discount to Nav.. with all that excess cash, the best value is to buy their onwn stock.. nothing else they buy will give them such a discount..
We all know this is very cheap at the moment.. but the world is selling all growth .. when it turns it will be fast, just need to position yourself for the move to 4.25 again..