CIP 0.66% $3.04 centuria industrial reit

Ann: Equity Raising, page-4

  1. 3,523 Posts.
    lightbulb Created with Sketch. 162
    When will these REITs ever learn.....
    must keep gearing below 30% at all times, including the good times.
    Silly to wait for a crisis to occur and then decide oops... need to get gearing down....
    did they not learn from the GFC....
    a diluting capital raise at a discount is not good for shareholders but unfortunately is necessary.
    used to own this for several years but glad I sold early this year. Might buy back in at lower price with sensible gearing later this year.
 
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