DXS 2.58% $6.75 dexus

Ann: Dexus agrees binding documentation for Collimate acquisition, page-13

  1. 10,345 Posts.
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    DXS looks very correlated to the RBA rate, in april 2019 DXS peaked around $12, the RBA was was 0.75 now its 3.6% give or take, and in that time DXS has been in a downtrend, its lost about 12% of its value for every 1% rise in RBA rates, if the RBA rate goes to 4.6% i see DXS around $6.20 if RBA rates go to 5.6% DXS will probably drop to $4.80, maybe my amateur analysis is wrong but thats what DXS stock has done since mid 2019, fallen about 12% for every 1% rise RBA rates
 
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