UOS 0.92% 54.0¢ united overseas australia limited

Ann: Annual Report to shareholders, page-6

  1. 1,252 Posts.
    lightbulb Created with Sketch. 19
    thanks eternalgrowth,

    Yes, the uplift in other income was very welcome.

    Just on the new headquarters, seems quite extravagant to operate from a $35m premises when the previous office cost just $9m. Although, perhaps the company had outgrown the old office and the new one is not as excessive as it seems?

    I take your point that the asset will hold or appreciate in value (which is probably far in excess of its cost) so am not overly concerned.
 
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