Markey going lower, GPT going higher. Another crash will see GPT in the box seat to pick up assets at rock bottom prices from distressed owners.
Distressed owners like the Besen family??
"GPT’s Chief Executive Officer, Michael Cameron said: “This is a great opportunity for GPT as Highpoint is one of Australia’s leading shopping centres. The asset has one of the largest trade areas for a regional centre in Australia and attractive long-term expansion opportunities with significant existing land holdings.”"
Maybe it's not going to low 40's after all. Glad I hung in there.
Ann: Highpoint Put Option Update , page-7
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Last
$4.39 |
Change
0.220(5.28%) |
Mkt cap ! $8.409B | |||
| Open | High | Low | Value | Volume |
| $4.24 | $4.39 | $4.24 | $30.49M | 6.998M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6398 | $4.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.39 | 200467 | 11 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| GPT (ASX) Chart |