The AFR MarketWrap covered this issue today claiming that GPT had taken another step towards simplifying its business by removing unnecessary hedges as it focuses on its Australian held assets. GPT unwound $1.2BN of offshore interest rate hedges at a cost of $152MN.Terminating the hedges will cut GPT's average interest rate by 1.2%.GPT also terminated foreign income hedges at a cost of $24MN. The strong Australian dollar allowed GPT to unwind the hedges at a much lower cost than previously possible. The article finished with a reference to the above action clearing the way for acquisitions but didn't elaborate any further.
- Forums
- ASX - By Stock
- GPT
- hedge position
hedge position, page-5
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GPT (ASX) to my watchlist
|
|||||
Last
$4.95 |
Change
0.030(0.61%) |
Mkt cap ! $9.482B |
Open | High | Low | Value | Volume |
$4.94 | $4.97 | $4.90 | $19.04M | 3.857M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1010 | $4.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.97 | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1010 | 4.940 |
5 | 52115 | 4.930 |
4 | 95672 | 4.920 |
2 | 17544 | 4.910 |
2 | 5595 | 4.900 |
Price($) | Vol. | No. |
---|---|---|
4.970 | 20000 | 1 |
4.980 | 64721 | 4 |
4.990 | 123705 | 9 |
5.000 | 58684 | 7 |
5.010 | 4403 | 1 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
Featured News
GPT (ASX) Chart |