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Ariadne Australia Ltd (ARA.AX)

ARA.AX on Australia Stock Exchange

0.76AUD
25 May 2017
Change (% chg)

$0.01 (+2.00%)
Prev Close
$0.75
Open
$0.76
Day's High
$0.76
Day's Low
$0.76
Volume
89,834
Avg. Vol
73,905
52-wk High
$0.79
52-wk Low
$0.32

Latest Key Developments (Source: Significant Developments)

Ariadne Australia in JV acquires freehold interest in 40 Tank Street
Friday, 7 Apr 2017 02:42am EDT 

Ariadne Australia Ltd : Acquisition of freehold interest in 40 Tank Street . Agreement for net adjusted price of $56.1 million . In JV with entity associated with Co's deputy chairman, Kevin Seymour, entered into agreement to acquire freehold interest in 40 Tank Street, Brisbane, Queensland .Joint Venture, in which Ariadne will hold a 50% interest, is anticipated to be funded via about 40% equity and about 60% bank debt.  Full Article

Ariadne Australia Ltd announces sale of interest in Secure Parking
Wednesday, 7 Dec 2016 02:14am EST 

Ariadne Australia Ltd : sale transaction is expected to complete on or after 6 january 2017 . Deal to dispose of its 50% interest in secure parking for approximately $75m . Ariadne australia ltd- conditional sale transaction represents a significant premium to ariadne's book value of $11 million . to use proceeds of transaction to invest in assets or opportunities that are consistent with its diversified investment strategy . Has entered into a conditional agreement with (among others) park24 co., ltd . net profit before tax attributable to members for hy, excluding the transaction, is expected to be in range of $4.4m to $5.4m .sale of interest in secure parking & market update.  Full Article

Ariadne Australia expects net PBT attributable for year to 30 June 2016 between $10.2M to $11.2M
Tuesday, 5 Jul 2016 07:06pm EDT 

Ariadne Australia Ltd : Expects net profit before tax attributable for the year to 30 June 2016 to be in the range of $10.2M to $11.2M . Advises New South Wales court of appeal has allowed secure parking pty appeal and set aside order that secure pay $6.9 million plus costs to respondent . Says court of appeal also made orders that the respondent pay secure's costs of the primary proceedings and the appeal .  Full Article

Ariadne Australia expects FY Net profit before tax attributable in the $5.5 mln to $6.5 mln range
Friday, 17 Jun 2016 04:24am EDT 

Ariadne Australia Ltd : Net profit before tax attributable to members for the year to 30 June 2016 currently expected to be in the range of $5.5M to $6.5M .  Full Article

Ariadne Australia Ltd announces sale of Port Macquarie and Batemans Bay marinas
Friday, 23 Oct 2015 03:59am EDT 

Ariadne Australia Ltd:Says group’s rationalisation process, it has entered into conditional agreements to dispose of its interests in both the Port Macquarie and Batemans Bay marinas.conditional sale agreements are in line with book value and are expected to complete late December 2015.  Full Article

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