https://www.nzx.com/announcements/327068
Looks rock solid as expected and NTA now $1.17, (I predicted at least $1.15).
EPS growth exceeded my expectations and progress on the former N.Z. Post building in Wellington looks okay.
Trades cum a 1.56 cps tax free dividend next month (PIE distribution)
Compelling value at 7 cps below NTA in my opinion.
P.S. Gains on recent non core asset sales are to be included in 2H results adding close to another 1 cent per share to NTA so really its trading at an 8 cps discount to NTA based on yesterday's closing price of $1.10.