I wish they would put their Future Retail Developments on hold and pay down their debt a bit more in preparation for higher borrowing costs in 3.7 years time. No-one wants the risk of expansion at this stage, especially when borrowing costs likely to increase in future years. Not worth the risk in the current climate.
Net Assets – per security
2019 $4.46 (SP $3.83) = ~15% discount
2020 $3.63 (SP $2.87) = ~21% discount
When I bought in mid last year, discount to NAV was ~38%. Too good to pass up, but now the proposition isn't that great IMO. Tough to attract new buyers.
I wish they would put their Future Retail Developments on hold...
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Last
$3.41 |
Change
-0.010(0.29%) |
Mkt cap ! $17.71B | |||
| Open | High | Low | Value | Volume |
| $3.40 | $3.42 | $3.38 | $31.86M | 9.358M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 185270 | $3.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.41 | 212932 | 6 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| SCG (ASX) Chart |