Sometimes I do not understand how the market prices some assets!
The size of capital that they are looking to release from the business is over the current market cap.
Does this mean the market cap of the Aus business is going to be much lower? or is this the usual overreaction by the market?
I see why they are simplifying their business model so an average person can understand the business
Ann: $480 million sale of US Military Housing business, page-3
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Last
$6.30 |
Change
-0.050(0.79%) |
Mkt cap ! $4.345B | |||
| Open | High | Low | Value | Volume |
| $6.33 | $6.42 | $6.18 | $15.65M | 2.484M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 64 | $6.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.32 | 25284 | 7 |
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| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| LLC (ASX) Chart |