It makes absolute sense after the huge reported losses and trashing the distribution by -40% !
People hold REITs mainly for the distributions.
A day after I saw they trashed the distribution I sold with a large booking loss.
I transferred to other REITs and they did not fall, at least not like this dog.
I concur with other posters that it looks like the management wants to drive the SP down so ARA can takeover cheap.
It makes absolute sense after the huge reported losses and...
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Last
40.5¢ |
Change
0.005(1.25%) |
Mkt cap ! $1.060B | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 40.5¢ | 39.5¢ | $767.2K | 1.910M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24845 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 26073 | 2 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
40.0¢ |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 40.5¢ | 40.5¢ | 39.8¢ | 700064 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| CMW (ASX) Chart |