TAU 0.00% 0.0¢ trustees australia limited

Well said @Tapdancer @webbj . Liquidity is a problem. Half year...

  1. 206 Posts.
    Well said @Tapdancer @webbj .

    Liquidity is a problem.

    Half year report said it just sold the remaining strata title shops held by WVRPT and the gross revenue is $7.9m of which 43% will add to the top line of TAU's full year report. Considered the revenue in H1 being only $1.9m, I think the full year revenue could be above $5.2m which implies a 49% jump on FY15.

    With its solid Balance Sheet with net assets sitting at around $11m implying a deep discount and completely no sellers at this moment, I think it is a good moment to accumulate some parcels at this price level if one is lucky.
 
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