ABG 0.43% $1.18 abacus group

They don't break down AFFO for good reason.Incentives are so...

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    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.
 
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