Share plunge means John McGrath’s real estate IPO looks more like a toxic CDO – Sydney Morning Herald

Share plunge means John McGrath's real estate IPO looks more like a toxic CDO
Sydney Morning Herald
The great Australian property crash of 2016 has come a little early for those who parked their cash in John McGrath's real estate IPO, McGrath Ltd. The real estate groupies who walked into McGrath's front door with $130 million cash in December …

and more »