There is nothing wrong with cash conversion if you study the reconciliation. Plus I'd say that a huge rise in like-for-like NPBT is far more significant than a little fall in occupancy levels particularly given they state that they expect this to correct in H2.
If the sell-down is for these reasons then it is because the market is looking for the negatives ie poor sentiment. Still, who really knows the cause of market behaviour or even if there is ever a common motivation anyway.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$5.55 |
Change
-0.050(0.89%) |
Mkt cap ! $548.9M | |||
| Open | High | Low | Value | Volume |
| $5.60 | $5.62 | $5.54 | $132.1K | 23.68K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13999 | $5.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.69 | 4500 | 2 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| SRV (ASX) Chart |