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Straws are discrete research notes that relate to a particular aspect of the company.
Grouped under #hashtags, they are ranked by votes.
A good Straw offers a clear and concise perspective on the company and its prospects.
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Sale of Auburn is huge and de risks this investment to a large extent. NTA now at $1.41 with gearing at 17.3%. Divestments of income assets and future acquisitions of value add assets likely.
My thesis holds and is now most likely conservative.
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