They don't break down AFFO for good reason.
Incentives are so damn high there is very little actual free cash flow.
They are also paying themselves a bomb to manage these passive assets - $19m just in this half. Thats close to a 2% management fee when external REITs charge 50bps.
Controlling shareholder here is lazy.
Ann: HY24 Results Presentation, page-2
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ABG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.08 |
Change
-0.030(2.71%) |
Mkt cap ! $960.6M | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.10 | $1.08 | $830.6K | 770.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9417 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.08 | 3911 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| ABG (ASX) Chart |