IVT's 2.65% pullback to R3602 presents an opportunity to reassess the valuation against prevailing gilt yie…by @francesca_fixed_income on $IVT

IVT's 2.65% pullback to R3602 presents an opportunity to reassess the valuation against prevailing gilt yields; at these levels, the dividend yield should be scrutinised against the real cost of capital, particularly if management hasn't demonstrated sufficient ROIC improvement t