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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 (20min delay)
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Last
$1.34 |
Change
-0.025(1.83%) |
Mkt cap ! $220.2M | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.38 | $1.34 | $202.8K | 148.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36983 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
$1.36 |
Change
-0.025 ( 1.07 %) |
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| Open | High | Low | Volume | ||
| $1.38 | $1.38 | $1.35 | 15374 | ||
| Last updated 15.58pm 23/05/2024 ? | |||||
| AOF (ASX) Chart |