By my estimates, the NTA is probably closer to $1.10. This assumes they get 80c in the $1 for the 4 commercial properties (ie $250m vs $311m), and 50c in the $1 for Karratha (ie $25m vs $50m). Am most concerned that a) they haven't sold any of the commercial properties yet, and b) the Karratha lease with Woodside will soon expire and I can't see how they'll find new tenants in that market.
Any evidence that these assumptions are too conservative would be welcome.
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Last
$3.95 |
Change
0.030(0.77%) |
Mkt cap ! $894.2M | |||
| Open | High | Low | Value | Volume |
| $3.92 | $3.98 | $3.88 | $1.239M | 314.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11500 | $3.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.95 | 15303 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| APZ (ASX) Chart |