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
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Last
24.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.0¢ | 24.0¢ | $139.3K | 569.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24564 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 261098 | 6 |
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| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
