Buy @ $0.71
Got it lower during 5pm matching when sellers appeared. No more buying from Mr Lim (major shareholder) but also no shorts for 2 days. 😀
Looking at it rationally, Yield = 8.21% ; Gearing = 29.9% ; NAV = $0.80, it does look rather attractive for longer term hold. The main minus are it's newly listed (no track record), non-pedigreed sponsor (not TLC, GLC or Blue-Chip linked) & Industrial REIT (first to be hit in downturns are usually factory closure).
Will likely get more if it drops. But, may be tempted to take profit from $0.825 to preserve cash…