GPT 1.27% $4.80 gpt group

gic conversion

  1. 631 Posts.
    I noticed this announcement today:

    The GPT Group today announced that a revised conversion price for the $250 million perpetual exchangeable securities issued to GIC Real Estate (GIC RE) on 28 November 2008 has been determined following the completion of the $1.7 billion capital raising announced in May 2009.

    Under the terms of the agreement, the conversion price has been reviewed and determined as $0.7766.


    Some big players on the registry at much more significant prices than it is currently at market for... and the company appears on *all* indicators at present time to be in fine health.

    Patience people.
 
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$4.80
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$4.81 5000 1
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