Business
Subdued ASX follows Wall Street lower; Insurers sag; Bitcoin soars – The Sydney Morning Herald
The ASX 200 retreated from nine-month highs on Thursday, down as much as 0.5% after Wall Street finished a volatile session in the red. Bitcoin has broken through…
Redcape is the only ASX-listed pub group owner with 33 hotels, 31 of which are freehold and two are leasehold, located across suburban New South Wales and Queensland.
ALE Property is a listed pub landlord that leases its hotels to the ALH group. Redcape was spun out of Moelis Australia and in its September quarter update that operating earnings before interest, taxes, depreciation and amortisation hit $24 million up from $19.5 million and distributable earnings of $19.6 million from $12.9 million.
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