Ann: AOG Buy Back and cancellation of AOG securities, page-36

"buying AOG today you're paying $95k per retirement unit. Ahem....their market retail value ranges from $300k to $800k."

but the residents own the units, AOG only owns the right to sell those units at a future profit, and the ongoing management actually costs them money which they expect to recoup through the DMF structure in future years, which is fine in a rising market whereas for the next couple of years it will likely be the reverse, hence the pressure on the SP