My interpretation around Property development cash flow is GRR funded its Joint venture partner via secured loan for $$2.254m (loan receivable) and funded GRR's 51% via contribution of $2.31m as subsidiary loan. Total funds to ROC being $4.564m. No details around profit sharing and loan interest rates to jv partner seem at the lower end as I'd see market for 1st mortgage to be at least 12%p.a. DYOR
Ann: Half Yearly Report and Accounts, page-15
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.5¢ | 23.5¢ | $96.74K | 403.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 311733 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 11914 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
