The only thing I don't like is the big discount in the issue.
ALX has been pretty stable around $8 for 3months now, $6.30 seems like a huge discount to offer right now for a high quality inflation-linked income stream, and we can see that it has already tanked the SP.
Ann: Completion of Institutional Component of Entitlement Offer, page-2
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 (20min delay)
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Last
$5.15 |
Change
-0.030(0.58%) |
Mkt cap ! $7.471B | |||
| Open | High | Low | Value | Volume |
| $5.19 | $5.19 | $5.14 | $691.5K | 134.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 6921 | $5.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.16 | 18702 | 11 |
View Market Depth
| Last trade - 11.05am 29/07/2025 (20 minute delay) ? |
| ALX (ASX) Chart |