REU still has EUR 209 million in CRE loans. If we assume they are all sold at 73% of par value (same as two other CRE loans as ann 29 May 08) then thats only another EUR 56 million loss.
Current NTA is AUD 349 m less 94 m CRE w/o (EUR 56 m at EUR 1 = AUD 0.6) which still leaves AUD 255 m
255 / 493 = 51 NTA per share
- Forums
- ASX - By Stock
- REU
- current nta per share is still over 70c
current nta per share is still over 70c, page-4
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)