Pro-forma net assets per security after hypothetical changes in property portfolio value ($)
Decrease 10% Decrease 5% June 2011 values Increase 5% Increase 10%
Nil Nil 0.010¹ 0.04² 0.08²
Sorry about the formatting but above is from their earlier announcement.
If they keep selling at these prices we will be getting back $.01 (1c). 5% above bk value we get $.04 (4c) and 10% above we get $.08 (8c).
Based on the most recent sales (20% of the portfolio), it looks like we will be getting $.01 (1c) but the sp is curently $.004 (just under half a cent).
Seems strange?
Maybe I've got a decimal point in the wrong place somewhere?
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