FKP
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0.98% $2.03 fkp property group

PortfolioActually, this implies a double win for FKP. The 20%...

  1. Rambo23
    392 Posts.
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    13/11/13
    09:33
    Post #: 12561954
    Portfolio

    Actually, this implies a double win for FKP. The 20% discount on the minorities which was taken to account last financial year and the premium to book.

    Essentially, book was $4.7m - what they are saying is they bought out the minorities at a 20% discount to this price (the Pyrmont building was actually also tied up in this purchase) and have now sold at a 38% premium to the $4.7m.
    FKP Price at posting: $1.89 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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