Two things:
a) Totally agree with the above posters, trust in Charter Hall is seriously damaged by this placement.
b) I will NOT be using the dividend reinvestment plan. I will collect my dividends in cash and will deploy them when market opportunities arise.
If CLW share price rises significantly I will use the opportunity to significantly reduce my positions.
At current price of around $4.70, definitely will not buy more unless the price drops to very low $4's (my risk profile for CLW has increased now, which means I demand a larger margin of safety to add to any positions), and if price goes above $5 I will start to off load.
Ann: Acquisitions and Equity Raising, page-9
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Last
$3.44 |
Change
-0.070(1.99%) |
Mkt cap ! $2.486B | |||
| Open | High | Low | Value | Volume |
| $3.51 | $3.51 | $3.43 | $4.852M | 1.404M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18700 | $3.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.45 | 4251 | 2 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| CLW (ASX) Chart |