RE: Recent transactions in the 10-20moz range - some help please…?9 Jan 2022 20:51
Starbright, you have an unhealthy obsession with tax. Is it not a fact that in all companies that make a profit you pay tax, end of. Ggp will move from a loss maker to making profit, where’s the negative in that.
On your last point of risk and value then I would ask you why would NCM be building a decline at depth and at great cost, just because they can or do they expect to turn a profit?
However you are right that there needs to be balance and some sort of reality until we have definitive answers. Nobody knows how big this will end up but I choose to call it cautious optimism.