ALE EOFY results saw dividend increases and prosperity predicted to arise from growth and opportunities in partnership with ALH – backed by flustered supermarket giant Woolworths. In days since the announcement (ASX: LTN) ALE’s securities have remained steady around $4.34 – trading at a healthy 71 per cent premium to their underlying value of $2.53. […]
The Laundys have flashed the cash, tempting Medich into the sale of two more ‘big deal’ pubs. In a transaction worth nearly $35 million, the Medich family’s Halcyon Hotel Group has parted with two more jewels from its rapidly shrinking crown, following last month’s surprise divestment. The freehold of the iconic and ALH-tenanted Woolloomooloo Bay
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