APD 0.92% 54.0¢ apn property group

Ann: New Fund-APD.AX, page-9

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  1. 70 Posts.
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    Um. Not really worth answering, but short answer is no.
    The company just paid a 10.5 cent dividend (nearly 20% of its market cap).
    To get from 44 to 60 would require a 30% increase in share price.

    APN would need a significant event which no one is predicting for this to take place.
    If Industria was taken over for $2.60 that would probably do it (they own 14% pf shares on issue).
 
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