- ALH is owned by Endeavour Group and there is no recourse to Woolworths.
- Endeavour Group is largely owned by Woolworths but has third party investors.
- Those third party investors get no benefit from Woolworths doing well and will want to ensure their investment in Endeavour Group is performing.
- ALH & ALE fall outside any government framework for rental relief and need to negotiatie between themselves.
- ALH is getting zero revenue from all its pubs and likely has significant overheads.
- It is naive to think there is a zero chance that ALH will continue to pay 100% of their rent whilst they are under an imposed lockdown.
- Forums
- ASX - By Stock
- LEP
- Fair Valuation
Fair Valuation, page-11
-
- 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)