EBG 0.30% $1.66 eumundi group limited

asset value over 36c per share, page-3

  1. 2,922 Posts.
    Interesting to note that even though Liabilities remains about the same, Nett assets have fallen from $26 million to $14 million.

    Not one assets has been sold (in facts assests have grown) and yet property market valuations have stripped $12 million off the bottom line.

    When commercial property does recover, these sort of stocks will have a big run.
    One day ;-)
 
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