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...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add URF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
31.8¢ |
Change
0.008(2.42%) |
Mkt cap ! $224.0M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.8¢ | 31.5¢ | $13.40K | 42.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 70121 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 350292 | 3 |
View Market Depth
| Last trade - 15.42pm 30/08/2024 (20 minute delay) ? |
| URF (ASX) Chart |