MGR 0.99% $2.04 mirvac group

Ann: Mirvac Trading Update, page-8

  1. 2,140 Posts.
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    are these real trade ?
    looks like someone is trying to provide support and stop it from dropping below $2.

    Anyway looks like more fluctuation below we see interest in REITs

    an equity researcher once told me that if interest rate goes up by 1% - price of reits will drop by 10% - no sure how he worked it out
    the same applies, meaning a drop in 1% interest rate - then sp goes up by 10%




    https://hotcopper.com.au/data/attachments/6363/6363858-1763c8c34f9d4fb43dfe0c8347207acb.jpg




 
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