Less enthused than some. They are paying the dividend by borrowing more, as cash flow is negative after buying more land. High NTA suggests they are not turning land into marketable property fast enough and large holder means no takeover is likely . While I hold AVJ for the yield, VLW yields 7.3% fully franked, with much the same exposure and has delivered share price gains on top.
Ann: Investor Briefing-31 December 2016 Half Year Results, page-11
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $167.4M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 30.0¢ | $33.11K | 110.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24827 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 22917 | 2 |
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| Last trade - 10.40am 20/11/2024 (20 minute delay) ? |
| AVJ (ASX) Chart |
