as predicted, NTA has now gone up to 42c, the highest eversince the GFC began in 2008
Similar stocks are:
Challenger Limited CGF NAB Income Securities NABHA CBA PERLS III PCAPA Westpac TPS WCTPA Macquarie Fortress MFNHA
I would predict this stock to return 50 - 70c per share to holder in 2- 4 years time. Most of the outstanding loan would either mature or refinance in the next 2-4 years.
Currently this is trading well below NTA.. I would buy up to 30c at current NTA.
MXQ Price at posting:
13.5¢ Sentiment: LT Buy Disclosure: Held