RFF 0.49% $2.04 rural funds group

because of dividends and quality of asset.not every equity...

  1. 48 Posts.
    lightbulb Created with Sketch. 11
    because of dividends and quality of asset.
    not every equity trades at nta.

    This is a reit. we have comfort knowing that unless the underlying operations fold and we cant get a new tenant in, that constant income with built in rent increases greater than CPI will occur. I view that NTA for SP value is being used as a false benchmark by conservative investors that if this risk goes down they will be able to liquidate and get close to their investment back. The guys have already had their books and processes independently reviewed without any qualifications. All it will take is one large blue chip investor to jump in seeking returns greater than cash rate and this will be fine again.
 
watchlist Created with Sketch. Add RFF (ASX) to my watchlist
(20min delay)
Last
$2.04
Change
-0.010(0.49%)
Mkt cap ! $792.0M
Open High Low Value Volume
$2.05 $2.06 $2.04 $401.0K 195.8K

Buyers (Bids)

No. Vol. Price($)
2 6881 $2.04
 

Sellers (Offers)

Price($) Vol. No.
$2.05 7428 1
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
RFF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.