Another case of M&A was Dexus making a $300m takeover offer for APN Property Group (APD) (at a whopping 50% premium to last closing price and a 64% premium to 30-day VWAP).
Although it should be noted that APD was not merely a property portfolio holding company, but had a property investment management business which was probably worth as much as the properties it owned, so it's not quite an apples-with-apples comp.
But I think it does portend some kind of M&A stirrings in the sector.
Whether those stirrings will extend to CDP, I'm not sure.
.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$5.08 |
Change
0.010(0.20%) |
Mkt cap ! $420.3M | |||
| Open | High | Low | Value | Volume |
| $5.05 | $5.08 | $5.05 | $19.40K | 3.842K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2347 | $5.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.08 | 7383 | 1 |
View Market Depth
| Last trade - 15.58pm 29/07/2025 (20 minute delay) ? |
| CDP (ASX) Chart |