ASF
Yes I am holding/buying with the plan that the capital returns will eventually total the NTA (of $1.37~ after this latest 20c distribution).
The following is from their 12 April 11 ASX announcement and it seems to me they will sell everything and return the cash to shareholders so at 98c with the cahnce of getting $1.37 this is not a bad bet;
"...Trafalgar?s Chairman, Garry Sladden, confirmed that ?following completion of the Thiess building
sale, it is the Board?s intention to declare an initial capital distribution of 20 cents per security. Further
capital distributions will then be considered following the successful settlement of the remaining
Group assets.
The Group continues to implement its strategy of value-adding and then realising assets on an
opportunistic basis and a further update will be provided as material progress is made in relation to
further asset sales.?
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