I thought this would give the shares a boost today. $36M sale vs book value of $18M should increase the NTA from $1.96 to $2.16 (plus whatever other gains are booked for the last 6 months).
Quite a discount to NTA given that their funds management and John Cootes business adds value on top of the property assets held.
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- News: ENN Elanor Investors Group Announces Sale Of Merrylands Property For $36 Mln
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