I always thought the HPI investment was a strange move in the first place. They were consistently investing in funds or assers they could control. Why then take a 15% stake in another kusted properrty company ?
I suspect that never being in control of HPI has taught them a lesson.
I think that this will be when TP reshapes TGP and focuses on what they do best. Investing in property assets that can be worked quickly. I own both TOT and TGP - I cannot decide who will be the winner long-term. I suspect that they would want to take their stake in TOT higher whilst they fix the business.
Ann: Sale of HPI stake, page-10
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Last
61.0¢ |
Change
-0.010(1.61%) |
Mkt cap ! $140.2M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.0¢ | 61.0¢ | $50.36K | 82.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 854 | 60.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 37715 | 1 |
View Market Depth
| Last trade - 15.10pm 24/05/2024 (20 minute delay) ? |
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Last
61.0¢ |
Change
-0.010 ( 0.83 %) |
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| Open | High | Low | Volume | ||
| 61.0¢ | 61.0¢ | 61.0¢ | 21960 | ||
| Last updated 11.48am 24/05/2024 ? | |||||
| TGP (ASX) Chart |