As property values adjust for a higher interest rate world, still plenty of downside.
A 5.5% dividend doesn't provide sufficient margin of safety in the current environment.
At 5.5% might as well put the money in the bank and collect interest.
More importantly get ready for serious reductions in future NTA and BV:
Lol I think time has been on the side of holders, given the underlying quality of the assets, plenty of time to have exited. Market has been kind and is still kind to BWP, but for how much longer???
As property values adjust for a higher interest rate world,...
Add BWP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.70 |
Change
0.010(0.27%) |
Mkt cap ! $2.639B | |||
| Open | High | Low | Value | Volume |
| $3.70 | $3.71 | $3.68 | $320.8K | 86.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6454 | $3.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.71 | 36425 | 22 |
View Market Depth
| Last trade - 10.58am 03/10/2024 (20 minute delay) ? |
| BWP (ASX) Chart |