Moorebank Intermodal a nanocap play

Mark Tobin

Coffee Microcaps

Moorebank Intermodal a nanocap play. JYC:ASX owns a 41,840sqm industrial shed in the Moorebank area. JYC have indicated they are not a long term holder of industrial property. Potential to realise this asset in a sale to benefit shareholders. QUB:ASX announcement today on Moorebank adds to the value of this property it would be fair to say. JYC Mkt Cap $15mil, SP 55c, NTA 82.4c circa 33% discount. Their Moorebank property is in their books for $17.3m or more than their current market cap of the company. Buying assets at a discount with a possible catalyst to close the current discount to NTA appears interesting at least.


Mark Tobin
Analyst
Coffee Microcaps

I focus on ASX listed microcap and nanocap​ stocks which is​ anything from $10mil to $300mil market cap and everything​ in between. This truly​ is the under-researched​ part of the ASX. My hope is to bring you interesting microcap stocks and news.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.