ILF
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2.56% 19.0¢ ing real estate community living group

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  1. Virgil
    395 Posts.
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    05/03/09
    20:11
    Post #: 4871413
    ILF seems to be priced for administration.

    The thing i can't get my head around with ILF and the other REITs is that the NTA to share value is say at leasts 10x .

    On paper if the banks call them in, shouldn't shareholders get say 5x the SP price back with asset sales assuming a 50% drop due to a fire sale ?

    So i don't understand why the SP price seems to be factoring in fact to NTA value ?

    Cheers
    ILF Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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