ARP arb corporation limited
Add to My Watchlist 0.65% ! $12.42

G'day Everyone I notice that we just purchased our Garden Street...

  1. uawkn
    336 Posts.
    lightbulb Created with Sketch. 19
    clock Created with Sketch.
    01/10/14
    10:11
    Post #: 14055068
    G'day Everyone
    I notice that we just purchased our Garden Street headquarters for $19 million odd. I could do the sums for an exact figure, but our company seems to hold a lot of real estate; so instead of ARB being rated as Retail maybe we could become a REIT.

    Didn't Myer and/or Gerry Harvey sell off their real estate business into new companies releasing funds to their shareholders. Maybe the board could keep this in mind and release the franking credits which could support a special dividend of $1-44 per share.
    J
    ARP Price at posting: $12.50 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Gold producers Alkane and Mandalay make merger official
right-arrow Created with Sketch.
AII Building assets, producing critical minerals and slashing dependency on China
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.