The discount to NAV, the available cash after the New York sales and the potential for a capital return and distributions are all very positive.
Simon Owen seems to know what he is doing and retirement living definitely has demographics on its side.
The issue I have trouble getting a grasp on is what is a realistic ongoing earnings figure for INA?
To support a unit price of say $0.35 would require earnings of say 4c a unit which with 400million shares on issue would need earnings of about $16m - is this achievable ? What is a realistic earning per unit ?
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 (20min delay)
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Last
$5.33 |
Change
-0.040(0.74%) |
Mkt cap ! $2.172B | |||
| Open | High | Low | Value | Volume |
| $5.40 | $5.40 | $5.29 | $8.514M | 1.598M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $5.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.35 | 35666 | 3 |
View Market Depth
| Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
| INA (ASX) Chart |