They had a tax issue … REIT’s must distribute all their taxable income … and they had not distributed enough for FY21.
Starting to look like better value in the low $3.50’s.
The -ve is that higher bond rates going forward won’t be good for the REIT sector.
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 (20min delay)
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Last
$3.10 |
Change
0.060(1.97%) |
Mkt cap ! $1.150B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.11 | $3.03 | $1.820M | 589.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 26270 | $3.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.10 | 14684 | 22 |
View Market Depth
| Last trade - 14.10pm 07/08/2025 (20 minute delay) ? |
| CQE (ASX) Chart |