ARA 2.04% 48.0¢ ariadne australia limited

Ann: Acquisition of Freehold Interest in 40 Tank Street, page-2

  1. 257 Posts.
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    Looks another very safe long term investment. Only capital outlay of $12 million - the car park is an interesting investment - a couple of options there
    approx 7 years of leases - this will be a sleeper for several years- then a killingbin less than ten years.

    This has been the Ariadne play with their tentacles in numerous projects.
    This stock will hit their asset backing this year.
    Better than a block of units
 
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