IDR hasn't been loved by the market ever since listing. A hedge fund messed with it on listing and pushed it below asset backing - much where it is today. Without doubt it's a quality portfolio but a bit too much skewed to Brisbane. However if the yield can be maintained it shows an excellent return. If you compare the return against term deposits I feel comfortable if the share price drops a little - it still outperforms any bank interest by far and offers a significant rerating oportunity if the Brisbane market picks up. I'm happy to hold.
Ann: FY15 Distribution, Market Update and FY16 Guidance, page-5
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Last
$2.74 |
Change
0.005(0.18%) |
Mkt cap ! $866.1M | |||
| Open | High | Low | Value | Volume |
| $2.75 | $2.76 | $2.72 | $167.5K | 61.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 5247 | $2.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.74 | 12009 | 10 |
View Market Depth
| Last trade - 11.04am 16/07/2025 (20 minute delay) ? |
| DXI (ASX) Chart |