You never know, in a couple of years, when asset prices start to appreciate again, GPT may perform a stock buyback, and take some of these new shares out of the outstanding pile.
However, it just goes to show what a lousy deal maker this GM is. He could not even sell the company to a modest reduction in the current share price, which is already trading at a massive discount to its NTA. There better be a cornerstone investor in this, like a Westfield or Leighton. If that's the case, I can see the share price limiting its loss when it opens.
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Last
$4.63 |
Change
-0.010(0.22%) |
Mkt cap ! $8.869B |
Open | High | Low | Value | Volume |
$4.65 | $4.69 | $4.61 | $16.61M | 3.583M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 49594 | $4.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.64 | 32376 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 49594 | 4.620 |
2 | 121925 | 4.610 |
4 | 247149 | 4.600 |
5 | 38318 | 4.590 |
3 | 33337 | 4.580 |
Price($) | Vol. | No. |
---|---|---|
4.640 | 32376 | 1 |
4.650 | 32376 | 1 |
4.660 | 115978 | 1 |
4.670 | 48816 | 2 |
4.720 | 3239 | 1 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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