With AOF now debt-free and with some quality assets onboard, what is the future for a relatively small office REIT like AOF ?
Given the current position within the cycle, should it :
1) Stay with the current assets until values improve (a few years) and then sell and wind down the structure, or
2) Raise funds via an underwritten issue (with $0.01 options) and buy distressed but quality assets, or
3) Acquire / merge with another REIT, or
4) Pursue a suitor for an all-out offer, or
5) Another option.
Thoughts ?
AOF - The Future ?
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Last
$1.30 |
Change
-0.005(0.38%) |
Mkt cap ! $212.8M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.33 | $1.30 | $22.79K | 17.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 87554 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 1648 | 5 |
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| Last trade - 14.00pm 08/07/2024 (20 minute delay) ? |
| AOF (ASX) Chart |