Kind of an interresting level for Mirvac to bounce off this week.
'
Market Mattters' sent out a trading alert to subscribers on Wednesday saying they were adding this stock.
They said, "
Mirvac (MGR) has pulled back to support around $1.80 as bond yields have risen globally. We believe the pullback in the property sector more broadly is a buying opportunity ahead of results in February. We are increasing our target weight from 4% to 5%."
I haven't made an initial buy - mostly general reluctance to reduce cash buffer but also have not had rewarding results from AREITs so far: DXS, ABG, ASK
Not Held
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