Two things to be noted:
FY13 average mature floor occupancy is 79%, and occupancy is now 81%.
In the first quarter of FY14, another 23 floors out of 132 floors in total became mature. Since immature floors were 38 as at June 2013, this means mature floors have increased from 94 to 117 (24% increase in mature floors).
Accordingly, even if matured floor occupancy now stays at 81% without any improvement for the rest of the year, that is an improvement of 2% occupancy on a much larger mature floor base.
You can work out the balance of the maths on the resulting cashflow.
Two things to be noted: FY13 average mature floor occupancy is...
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 (20min delay)
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Last
$5.70 |
Change
0.000(0.00%) |
Mkt cap ! $564.9M | |||
| Open | High | Low | Value | Volume |
| $5.71 | $5.78 | $5.70 | $114.4K | 19.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 351 | $5.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.80 | 2128 | 2 |
View Market Depth
| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| SRV (ASX) Chart |