Ann: HY24 Results Presentation, page-2

  1. 425 Posts.
    lightbulb Created with Sketch. 211
    They don't break down AFFO for good reason.

    Incentives are so damn high there is very little actual free cash flow.

    They are also paying themselves a bomb to manage these passive assets - $19m just in this half. Thats close to a 2% management fee when external REITs charge 50bps.

    Controlling shareholder here is lazy.
 
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.
(20min delay)
Last
$1.18
Change
0.005(0.43%)
Mkt cap ! $1.045B
Open High Low Value Volume
$1.18 $1.18 $1.17 $11.12K 9.514K

Buyers (Bids)

No. Vol. Price($)
9 9384 $1.17
 

Sellers (Offers)

Price($) Vol. No.
$1.18 10641 5
View Market Depth
Last trade - 10.10am 03/07/2025 (20 minute delay) ?
ABG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.