I have taken a small holding.
I think the opportunity here is as a result of the comments above - financing and admin costs are too high, sales costs are too high.
The fund has been a reputational issue for Dixon. They won't oppose a trade sale to somebody who can run the assets at a better cost, and there is potential for a smart operator to pay a 25% premium to current ASX prices and make out well.
In such a scenario, holders who have held all the way down will lose out, but I can't see any way this gets back above NTA any time soon.
I have taken a small holding.I think the opportunity here is as...
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Last
34.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $239.9M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 34.0¢ | $17.21K | 50.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 164172 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 197872 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| URF (ASX) Chart |