My take is that getting to NTA should be easier once the conversion is done. The CPUs represented a $200 million debt against the asset portfolio, which meant that ordinary unit holders were entitled to a smaller slice of the asset pie. After conversion that debt is cancelled and replaced by a bunch of new ordinary units with the same claim on the assets as the existing ordinaries.
As long as the fund can continue to liquidate its assets at close to book value, unit holders should expect to get close to book value back. Eventually.
- Forums
- ASX - By Stock
- Ann: Fund Update
My take is that getting to NTA should be easier once the...
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add URF (ASX) to my watchlist
(20min delay)
|
|||||
Last
30.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $215.2M |
Open | High | Low | Value | Volume |
30.5¢ | 30.5¢ | 30.0¢ | $205.3K | 678.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 184242 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 222631 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49402 | 0.300 |
1 | 50000 | 0.295 |
1 | 50000 | 0.290 |
2 | 235087 | 0.285 |
2 | 238460 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 222631 | 1 |
0.310 | 445134 | 3 |
0.315 | 79694 | 2 |
0.320 | 303108 | 2 |
0.325 | 206152 | 3 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
URF (ASX) Chart |