Gareth, MA published this last week in case you didn't see it. What they haven't accounted for in the price target is NAV now is $1.74. So at wind up we get that return. Remember AOF has sold $400m of assets and was above book. We now have the highest cap rate in market > 7.0% so why wouldn't one get $1.70+. Lease up 10 Valentine and you add 20-30 cents to NAV and so $2.00.a share.
Gareth, MA published this last week in case you didn't see it....
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Last
$1.26 |
Change
0.000(0.00%) |
Mkt cap ! $207.1M | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.27 | $1.26 | $64.19K | 50.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2078 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 12819 | 3 |
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| Last trade - 12.36pm 29/07/2024 (20 minute delay) ? |
| AOF (ASX) Chart |