The offering includes the 8344-hectare Stuart’s Creek Station near Roma in outback Queensland.
“Our first priority is to our shareholders, and ensuring we achieve the best outcome for them,” he said. “Initial subscriptions to the fund were at $1 per unit. A conservative valuation, has put them at $1.17. We think the [rural property] market has moved very considerably and expect a realisation of much higher valuation,” Mr Samway said.
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