They had a tax issue … REIT’s must distribute all their taxable income … and they had not distributed enough for FY21.
Starting to look like better value in the low $3.50’s.
The -ve is that higher bond rates going forward won’t be good for the REIT sector.
Ann: Dividend/Distribution - CQE, page-5
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Last
$2.37 |
Change
-0.050(2.07%) |
Mkt cap ! $882.7M | |||
| Open | High | Low | Value | Volume |
| $2.48 | $2.50 | $2.37 | $1.841M | 769.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 27053 | $2.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 1589 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CQE (ASX) Chart |