I have been quite busy over the last couple of days so I have been updating at this blog. This morning, Fraser Centrepoint fell below the important $1.80 mark. This was the range that I mentioned a few months ago, $1.80-2. The offer for Australand is on-going and the Fraser Hospitality Trust IPO is also on the way and it will debut next week. But I choose to believe in the price action and I can only hope that it is a one-day event and it will be back to the $1.8x very soon. For the time being, I am still pretty bullish on the stock and I believe it is just a temporary "set-back". Ok, I will touch on Starburst IPO which will be closing at noon today. This is the first IPO that has public tranche since QT and I will just apply and punt ......