I am under the opinion that Chris Morris sees the property market cooling off quite a bit and he is mitigating risk.
I first come to that conclusion when under his private holding of CLG he sold the Freehold of the Portsea Hotel along with some others, but kept the business's under lease.
Today's news only cemented my theory.
Ann: Proposed sale and lease back of CPU's Global HQ-CPU.AX, page-2
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Last
$40.82 |
Change
0.300(0.74%) |
Mkt cap ! $23.70B | |||
| Open | High | Low | Value | Volume |
| $40.55 | $40.97 | $40.53 | $40.97M | 1.005M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20 | $40.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.84 | 5935 | 5 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| CPU (ASX) Chart |