Normal
In the interest of continuing the conversation, just a couple of points here:- Where do you allow for stamp duty in that calculation?- What about the risk for leverage?- Shouldn't you be looking at return on the asset instead of return on equity? You can leverage up almost any asset...
In the interest of continuing the conversation, just a couple of points here:
- Where do you allow for stamp duty in that calculation?
- What about the risk for leverage?
- Shouldn't you be looking at return on the asset instead of return on equity? You can leverage up almost any asset...
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