Per the capital raising prospectus page 113:
Interesting going back to 2017, the capitalisation rate was between 7%-7.5%, now its 5.5% odd.
That's quite a bit of retracement if cap rates go back to their more historical norm. In turn this would suggest high risk of NTA declining significantly.
$1.56 NTA, if say a 40% discount to NTA to reflect risk, this would result in a share price entry point of 94c.
Lets see how the market prices ASK over time.
Happy watching from the sidelines....
patience...
patience..
Per the capital raising prospectus page 113:Interesting going...
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Last
$1.32 |
Change
0.005(0.38%) |
Mkt cap ! $1.734B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.32 | $1.30 | $408.3K | 311.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 31850 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 46428 | 13 |
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| Last trade - 11.52am 18/09/2024 (20 minute delay) ? |
| ASK (ASX) Chart |