As long as the market generally treats Office REITs as trainwrecks too the SP will track down. COF pretty much the same. Until the work from home and return to office issue is seen to balance out and the demand for office rental/renewals and the effects of the rise in interest rates are clear I think investors will shy away from CMW and others. Any future reduction in interest rates will possibly improve things.
As long as the market generally treats Office REITs as...
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Last
42.0¢ |
Change
0.025(6.33%) |
Mkt cap ! $1.099B | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 42.0¢ | 40.0¢ | $731.6K | 1.784M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20999 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 365842 | 6 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CMW (ASX) Chart |