MCW - Macquarie Countrywide Trust

robots said:

hello,

they have sold a heap of the US properties though Nulla,

they held them far too long, also continued to sell aussie assets

pathetic that the staff have simply moved over to charter hall, yes i have told them

thankyou
robots

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The recent $0.535 - $0.54 level is starting to look like a level of support. It could be worth testing with a modest buy to see if it can trade up to the February March resistance level of $0.59. Maybe $0.565 - $0.57 would be more realistic as it appears to be breaking out of the oversold area.

It seems odd that Charter Hall released an update in April for the period ending 31 December 2009 (As they did with CQO). I would have expected they would have provided an update for the quarter ending 31/03/2010.

Macquarie Countrywide Trust (MCW) is now known as Charter Hall Retail REIT (CQR).

Discussion of this company now continues in the CQR thread, which can be found here: https://www.aussiestockforums.com/forums/showthread.php?t=19384

This thread has now been closed.