Just a bit of perspective on the overall picture from the Eureka report . According to the report, on December 13 Citi upgraded AAD from neutral to buy with a target of $2.65. They stated that the Marinas sale further unlocked value, and that around $102 M from the sale should be available to help expand Main Events in the US, funding 10 new Main event centers.
"Small reductions to estimates have been implemented and DPS forecasts have been cut too."
"Citi rates AAD as Upgrade to Buy from Neutral"
http://www.eurekareport.com.au/broker-alerts/all companies?page=8
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This post is based on my own research and is not investment advice. When making investment decisions, always DYOR.
Just a bit of perspective on the overall picture from the Eureka...
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