They don't break down AFFO for good reason.
Incentives are so damn high there is very little actual free cash flow.
They are also paying themselves a bomb to manage these passive assets - $19m just in this half. Thats close to a 2% management fee when external REITs charge 50bps.
Controlling shareholder here is lazy.
They don't break down AFFO for good reason.Incentives are so...
Add ABG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.16 |
Change
-0.010(0.86%) |
Mkt cap ! $1.027B | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.19 | $1.15 | $316.6K | 272.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1559 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 8919 | 17 |
View Market Depth
| Last trade - 14.51pm 13/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.16 |
Change
-0.010 ( 0.87 %) |
||||
| Open | High | Low | Volume | ||
| $1.19 | $1.19 | $1.15 | 94319 | ||
| Last updated 15.09pm 13/05/2024 ? | |||||
| ABG (ASX) Chart |