Yep - exactly right.
Was a bit strange to not get a Dec-22 valuation on any of the buildings... but better than admitting you have lost $10-$15M in just 6 months of ownership.
Also fairly concerning that the mgmt presentation focus is all on "growing FUM", "leasing reaming space".
As for "closing the gap to NTA" -- very quiet on this one!!
They have Buckley's chance of growing FUM for 2-3 years until Share price is +20% where it is now, and their would any interest in a cap raise. Or trying to increase gearing on their assets.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
42.0¢ |
Change
0.005(1.20%) |
Mkt cap ! $90.91M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.0¢ | 41.5¢ | $74.07K | 176.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12823 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 148120 | 2 |
View Market Depth
| Last trade - 15.55pm 25/07/2025 (20 minute delay) ? |
| TOT (ASX) Chart |