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.
They had a tax issue … REIT’s must distribute all their taxable...
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Last
$2.47 |
Change
0.010(0.41%) |
Mkt cap ! $922.7M | |||
| Open | High | Low | Value | Volume |
| $2.47 | $2.49 | $2.46 | $551.2K | 222.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11678 | $2.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.48 | 5657 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| CQE (ASX) Chart |