Australian (ASX) Stock Market Forum

Reply to thread

no  but ASK  was added to the bonus  when Abacus split    so while the cash invested in ASK  was recovered ( plus a bit )  the underlying  cash invested in  Abacus  is still at risk ( until the take-over completes , which is VERY likely since the buyers already control nearly 50%   or is it more than 50% )


 RND is nicely in profit but the cash recovered was nowhere near   the amount invested


 and FMG is a new buy  after a medium term adventure a couple of years back


 rather annoying with ASK as i liked that niche  to offset  my exposure to healthcare related REITs  ( but it will crystallize a profit )


 unknown is the effect on ABG ( which still owns around 20% of ASK  ( operates the trust )


Top