ASK 2.94% $1.16 abacus storage king

Welcome to ASX... ASK, page-17

  1. 7,279 Posts.
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    Per the capital raising prospectus page 113:

    https://hotcopper.com.au/data/attachments/5590/5590729-ba0f235c09e264624fb0a1ba1db0a5df.jpg
    Interesting going back to 2017, the capitalisation rate was between 7%-7.5%, now its 5.5% odd.

    That's quite a bit of retracement if cap rates go back to their more historical norm. In turn this would suggest high risk of NTA declining significantly.
    $1.56 NTA, if say a 40% discount to NTA to reflect risk, this would result in a share price entry point of 94c.

    Lets see how the market prices ASK over time.
    Happy watching from the sidelines....

    patience...
    patience..
 
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Last
$1.16
Change
-0.035(2.94%)
Mkt cap ! $1.517B
Open High Low Value Volume
$1.15 $1.18 $1.14 $1.143M 986.5K

Buyers (Bids)

No. Vol. Price($)
1 7080 $1.15
 

Sellers (Offers)

Price($) Vol. No.
$1.17 4610 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
ASK (ASX) Chart
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