yes its a good outcome.
I expect another write down in the June Year end accounts, but with adjusted NTA of $2 approx vs share price $1.32, there is still a significant margin of safety.
Cap rate rise to 6.26% should rise to approx 6.5% in the June Year end accounts. At 6.5% Cap rate we also have a reasonable future buffer against interest rates refinancing rates, ie positive cash flow on a valuation basis (obviously on a financial basis, a higher future interest rate will negatively effect the future P&L).
Happily holding and collecting my 9% annual dividend.
yes its a good outcome.I expect another write down in the June...
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Last
$1.27 |
Change
0.010(0.79%) |
Mkt cap ! $758.6M | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.27 | $1.25 | $649.9K | 513.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4000 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 103572 | 2 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| COF (ASX) Chart |