I agree, GPT seems to have been oversold.
According to that news article:
"GPT's wholesale fund is said to be concluding a sale of its 179 Elizabeth Street, worth about $70 million to $80 million."
As soon as the release the confirmation expect GPT's share price to explode like a can of beans!
Sale of assets is a must for REITs to clean up their balance sheets and get them through this downturn.
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reit asset sales, page-7
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Last
$5.04 |
Change
0.030(0.60%) |
Mkt cap ! $9.625B |
Open | High | Low | Value | Volume |
$5.05 | $5.05 | $4.97 | $11.02M | 2.196M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
44 | 96966 | $5.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.04 | 96975 | 48 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
45 | 116468 | 5.030 |
17 | 102934 | 5.020 |
16 | 137890 | 5.010 |
17 | 73821 | 5.000 |
12 | 70929 | 4.990 |
Price($) | Vol. | No. |
---|---|---|
5.040 | 64023 | 41 |
5.050 | 87291 | 15 |
5.060 | 85904 | 10 |
5.070 | 52535 | 9 |
5.080 | 118583 | 7 |
Last trade - 15.56pm 14/07/2025 (20 minute delay) ? |
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GPT (ASX) Chart |