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
64.5¢ |
Change
0.010(1.57%) |
Mkt cap ! $143.7M | |||
| Open | High | Low | Value | Volume |
| 63.5¢ | 64.5¢ | 62.5¢ | $72.18K | 114.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19184 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 937 | 1 |
View Market Depth
| Last trade - 15.43pm 26/09/2024 (20 minute delay) ? |
| TGP (ASX) Chart |