Thanks, decimal points added. Doh!
:blush:
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Beware divs are part funded from capital (and by inference, the recent capital raise, a strange way to run a growth business). They own lower grade assets, not all of which currently produce rent and a lot of hope is being pinned on a couple of developments and the Auckland Council as a tenant. So decent chance the NTA will reduce, tho I guess you still get your discount shrinkage.
Also just note Augusta, who hold the management contract, are probably making a pretty penny out of everything APL touches, I cant be bothered checking the accounts but that's typically how they roll.
That said there is hope with the change of focus.
$5,000 divi' received - Nice! :t_up:
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