It is likely QRI has a big seller in the mix that needs cash in a hurry and GCI doesn't. As @minoil pointed out the other day, some of the trading was brinking on fire sale kinda stuff with the share price being sold down half a cent at a time in very quick succession. GCI generally trades at approximately 2-3% premium to its NTA . At current share price, QRI is trading at ~10% discount to NTA hence would suggest QRI would offer the better upside opportunity.
Like i said, i hold both but i would note that QRI's loan look seems much less riskier than GCI's and pays a better annualised distribution.
It is likely QRI has a big seller in the mix that needs cash in...
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Last
$1.60 |
Change
-0.005(0.31%) |
Mkt cap ! $970.9M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.61 | $1.60 | $4.625M | 2.895M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 59682 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 47010 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| QRI (ASX) Chart |