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.
By my estimates, the NTA is probably closer to $1.10. This...
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Last
$2.40 |
Change
0.000(0.00%) |
Mkt cap ! $486.5M | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.45 | $2.40 | $239.7K | 98.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 40158 | $2.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 1208 | 1 |
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| Last trade - 12.02pm 19/11/2024 (20 minute delay) ? |
| APZ (ASX) Chart |