Yeah, may be bouncing off $1.20 before we know it. Was overdue a rerate I reckon...here's hoping most of us boarded the train prior.
Printable View
oca poor relative performance in the sector offers potential for it to close the gap on its peers im thinking and the bond issue subscriptions will be a big indicator.
if it is well over subscribed would mean investors have faith in the company looking ahead if its a poor subscription i be running for the hills lol
On a price/book basis OCA priced about the same as ARV
No longer the sector laggard
Seems about right
"be carnage if it is"
toes only at the Mo .... dont see the sweds coming over the horizon just yet...westerly gales will blow them back out to sea unless they came round cape hope.
MET - Who cares...that dog is about to be sold.
ARV $1.68 /$1.27 = 32% premium to NTA
SUM $8.70 / $4.91 = 77% premium to NTA
RYM $13.85 / $4.52 = just over three times NTA
OCA $1.11 / 95 = 16.8% premium to NTA but OCA talk a lot about NAV which includes developments in progress which was $1.10 as at 31 May inclusive of valuers steep write-down's caused by Covid which have turned out to be baseless assumptions. so the share price is trading right in line with the heavily and inappropriately written down NZV as at 31/5/20.
PLENTY more room for OCA to run in my opinion.
Always a worry when companies promote a made up metric...esp one based on guesses
Good size parcel at 1.12 just now