ILF ing real estate community living group
Add to My Watchlist 2.56% ! 19.0¢

outlook

  1. Virgil
    395 Posts.
    clock Created with Sketch.
    05/03/09
    20:11
    Post #: 4871413
    ILF seems to be priced for administration.

    The thing i can't get my head around with ILF and the other REITs is that the NTA to share value is say at leasts 10x .

    On paper if the banks call them in, shouldn't shareholders get say 5x the SP price back with asset sales assuming a 50% drop due to a fire sale ?

    So i don't understand why the SP price seems to be factoring in fact to NTA value ?

    Cheers
    ILF Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AII Building assets, producing critical minerals and slashing dependency on China
right-arrow Created with Sketch.
NEWS Gold producers Alkane and Mandalay make merger official
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.