TOT 2.60% 39.5¢ 360 capital reit

Wow, this capital raising stinks so bad I had to emergency blog...

  1. 33 Posts.
    lightbulb Created with Sketch. 24
    Wow, this capital raising stinks so bad I had to emergency blog about it to warn retail investors about this REIT (or similar)

    > CaptiveCapital: TOT - 360 Capital REIT - Can REITs be even worse than LICs and LITs?

    At 60% participation of general shareholders the forecast FY25 EPS is 2.1 cents/share.

    If you buy at 40c that's a 5.25% Earnings Yield. 7.5% with franking. With plenty of downside risks, pitfalls and a totally unaligned insider!

    I'll be adding to my post. Stay tuned!


    https://hotcopper.com.au/data/attachments/5960/5960506-c0b3f8fbbcb117672cc31d5cd463d0cd.jpg
 
watchlist Created with Sketch. Add TOT (ASX) to my watchlist
(20min delay)
Last
39.5¢
Change
0.010(2.60%)
Mkt cap ! $83.90M
Open High Low Value Volume
39.0¢ 39.5¢ 39.0¢ $107.8K 275.7K

Buyers (Bids)

No. Vol. Price($)
1 2410 39.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.5¢ 91131 2
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
39.0¢
  Change
0.010 ( 1.30 %)
Open High Low Volume
39.0¢ 39.0¢ 39.0¢ 75073
Last updated 15.56pm 14/06/2024 ?
TOT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.