Equity investments are worth around the $12m
Cash in the structure will be about $14m
Tax liability of just over $9m
Leaving about 50c in assets (ex-tax)
The stock has historically traded at a discount to its substantial asset position so IMO anything over 50c is a bonus to holders.
It will go ex-div around 78c minimum but I am tipping it drops to mid-40's.
I have been in JRL since they listed and I was a seller cum div given the market was paying full value. MS no doubt has seen it in a similar way.
Equity investments are worth around the $12m Cash in the...
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Last
25.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.84M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 26.5¢ | 24.5¢ | $30.81K | 122.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 44706 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 8000 | 2 |
View Market Depth
| Last trade - 15.33pm 17/09/2024 (20 minute delay) ? |
| JLL (ASX) Chart |