Thanks for the breakdown. I couldn't get back to 200m from your column E figures in that above table though? Am I missing something?
Also am I interpretting it right, but for example your Motive calculations are saying that you expect in column A 227 apartments to settle. Of which $0.876 m per apartment, at 50% JV interest to give $99.4m in sales? Of which in your original post you took into account lack of settlement etc. in estimating revenue?
My only issue is besides the settlement issue, isn't assume 227 sales essentially putting a vote of believe that all remaining units on sale can actually be sold? I am not sure how you arrived at the settlement default risk %, and how appropriate it is as an industry benchmark - care to comment? - however, I would be somewhat negative towards the outlook of outstanding apartments for sale actually being sold in this climate.
I would probably assume that 25% of apartments for sale are actually sold and settled as a more conservative figure, or even none, at least as a base case 'worst case' scenario?
COuld be just me being super negative.
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Last
85.0¢ |
Change
0.010(1.19%) |
Mkt cap ! $217.6M |
Open | High | Low | Value | Volume |
83.0¢ | 85.0¢ | 83.0¢ | $144.1K | 171.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 102481 | 84.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
85.0¢ | 54721 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6150 | 0.830 |
3 | 55685 | 0.820 |
1 | 12321 | 0.810 |
5 | 20645 | 0.805 |
2 | 20700 | 0.800 |
Price($) | Vol. | No. |
---|---|---|
0.840 | 5000 | 1 |
0.850 | 11848 | 1 |
0.860 | 7450 | 2 |
0.865 | 10000 | 1 |
0.870 | 20000 | 1 |
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