Approving $20m glass house stage 1 when yield on cost is 5.5-6.0%.
This makes no sense when they're weighted cap rate is 6.3% and they're trading at a 25% discount to book.
Buying back shares would be accretive and risk free, however it would not increase management fees for Dexus.
Ann: HY24 Results presentation, page-2
Add DXC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.02 |
Change
-0.010(0.33%) |
Mkt cap ! $416.0M | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.06 | $3.02 | $193.2K | 63.60K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3813 | $3.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.04 | 1288 | 1 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| DXC (ASX) Chart |