AJA 0.00% $7.23 astro japan property group

Ann: Off-Market Buy-Back and Appendix 3C-AJA.AX, page-2

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  1. 178 Posts.
    AJA announces an off-market buy back at $6.03, 3.5% below current market price and a whopping 15% below NTA value.

    The last two sales of non-core properties were at or above book value, which suggests to me that the NTA value is likely understated.

    Is this a joke?
 
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