CDL H Trust has been under selling pressure in recent days after Far East Hospitality Trust announced its IPO and investors could be 'rebalancing' out of CDL H Trust into FEHT. The market is probably trying to find an equilibrium price where investors will be indifferent between holding this and FEHT. If FEHT had been priced way below 93c, the selling pressure on CDL HT might have been more intense as it will be more attractive to hold FEHT instead of CDL HT.
In any case, the decline in CDL HT is not as bad as the decline in my "Facebook like" or the share price of Facebook itself. haha.
Can someone help me stem the decline? :-P
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