You may be right. However, I am more concerned about the dilution factor. It may now stop trading at a discount to it's NTA - whatever that is now with all of these shares on issue. However, I doubt it will go up. If the 0.60c figure is right, I think the best we can hope for is it finishing at around $0.7 when is comes out of its halt. It depends however, if the report of the AFR is accurate. Apparently there are a lot of rumours going around to force GPT into action.
trading halt, page-23
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Last
$4.63 |
Change
-0.010(0.22%) |
Mkt cap ! $8.869B | |||
| Open | High | Low | Value | Volume |
| $4.65 | $4.69 | $4.61 | $16.61M | 3.583M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 49594 | $4.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.64 | 32376 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| GPT (ASX) Chart |