Opinion

Winton Land – The tortoise or the hare?

Brian Gaynor
Sat, 11 Dec 2021

Winton Land – The tortoise or the hare?
Chief executive Chris Meehan is the largest Winton Land shareholder, at 79.0%. (Image: supplied)
Brian Gaynor
Sat, 11 Dec 2021
Does the Winton Land initial public offering represent good value and, if so, can we expect it to be a tortoise or a hare?Retail investors often opt for the hare even though the tortoise beat the distracted hare in Aesop’s iconic tale. There is strong evidence that tortoises also win most business contests, with the residential property development sector being no exception.Five decades ago Dick White and Hugh Green were accumulating residential property development portfolios. White had hare characteristics while Green was more of a...

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