AJA 0.00% $7.23 astro japan property group

Looks like a good result for AJA shareholders provided the final...

  1. 14 Posts.
    Looks like a good result for AJA shareholders provided the final agreement goes thru.

    Even if all settlement amt $154m is borrowed LTV = 72%

    NTA increases by approx one dollar effectively the same if a default on JPTD & JPTA took place.

    Cashflow from the majority of properties will continue.

    THe cash raising required should not need to be significant.
 
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Currently unlisted public company.

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