$73m gross sale price vs $72m book value (2022 val), and $65m net proceeds. This allows ECF to reduce leverage ahead of required debt refinancing in next 2 years. Given the 30% discount to NAV we're currently trading at, I think this is a good outcome and indicative of the value in the rest of the portfolio, particularly given current hedged interest rate exposure.
Ann: Divestment of Nexus Centre and Limestone Street, page-3
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Last
62.5¢ |
Change
0.010(1.63%) |
Mkt cap ! $193.0M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.5¢ | 61.0¢ | $118.2K | 191.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 38409 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 59192 | 7 |
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| Last trade - 13.18pm 12/09/2024 (20 minute delay) ? |
| ECF (ASX) Chart |