Gareth, MA published this last week in case you didn't see it. What they haven't accounted for in the price target is NAV now is $1.74. So at wind up we get that return. Remember AOF has sold $400m of assets and was above book. We now have the highest cap rate in market > 7.0% so why wouldn't one get $1.70+. Lease up 10 Valentine and you add 20-30 cents to NAV and so $2.00.a share.
Ann: Sale of 150 Charlotte Street Brisbane, page-7
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Last
$1.26 |
Change
0.010(0.80%) |
Mkt cap ! $207.1M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.27 | $1.26 | $128.3K | 101.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9818 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 9177 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| AOF (ASX) Chart |