NAV has been rising for a number of years now, because of retained profits, not revaluation. So no particular reason to doubt it.
Housebuilders often trade at a discount to NAV, but in the case of a reliable company like AVJ, it shouldn’t be 30%!
Anyway, it’s yielding 7-8%, which is good enough for me.
News: AVJ Avjennings says FY net profit attributable $35.7 mln, page-12
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Last
30.5¢ |
Change
0.010(3.39%) |
Mkt cap ! $167.4M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 30.0¢ | $4.988K | 16.37K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7700 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 80000 | 2 |
View Market Depth
| Last trade - 12.27pm 11/11/2024 (20 minute delay) ? |
| AVJ (ASX) Chart |