obviously a high risk venture but with an appropriate return profile. a cleaner group structure, revised business model and more focused projects bode well for the future. rising interest rates will certainly impact on the near term property outlook. Lizard Point on the Vaaldam is a massive potential project with a lot of blue sky potential. see
www.lizardpoint.co.za I am inclined to hold on as property will most probably recover early next year. persistent buying at 50 cps indicate insider activity while the various "approaches" might also bring upside.