Yes disappointing if you bought in anywhere near $3, but a good chance to average down.
Not really sure why they are raising given the gearing levels are only 24% already.
Doesnt make sense to raise funds to potentially buy other assets when you are having to raise at such a discount.
News: CQE Charter Hall Education Trust Announces Equity Raising, page-6
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Last
$2.87 |
Change
0.000(0.00%) |
Mkt cap ! $1.072B | |||
| Open | High | Low | Value | Volume |
| $2.81 | $2.88 | $2.81 | $78.39K | 27.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1109 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 7339 | 11 |
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| Last trade - 10.54am 08/10/2024 (20 minute delay) ? |
| CQE (ASX) Chart |