You are asking for rationality in the sp?
Yes, @ $1.56 the JV was written down to 0. Its all in their capital raising projections - go read that - they've been out a while!
Why the drop in sp today? Something to do with the contagion of a crisis of confidence!
Where are the high 5s? Well, I for one am confident that most, if not all, of the long term high grade tenants will pay this months rent to GPT, and next months, and beyond!
bnb: potential loss in gpt jv, page-4
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Last
$4.85 |
Change
-0.030(0.61%) |
Mkt cap ! $9.290B | |||
| Open | High | Low | Value | Volume |
| $4.89 | $4.89 | $4.81 | $15.28M | 3.155M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $4.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.86 | 73058 | 5 |
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| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| GPT (ASX) Chart |