John
an excellent analysis. Thanks
The only correction I can point out is the two ABC2 sold centres achieved more than book value according to the report which adds a little extra icing to your analysis.
Not sure why the price is not listed in the table. Perhaps an oversight caused by the need to rush out the report after the speeding ticket.
The 2% non paid 'dividend' should more than meet the managers extra legal etc costs involved in selling and leasing.
The receivers appear to focussing on maximising creditor returns on ABC1 and ABC NZ so I agree these should pose little risk to AEU other than a delay to finalization.
Ted
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