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
0.000(0.00%) |
Mkt cap ! $149.6M | |||
| Open | High | Low | Value | Volume |
| 64.5¢ | 64.5¢ | 64.0¢ | $30.28K | 47.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 41569 | 2 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
64.0¢ |
Change
0.000 ( 0.78 %) |
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| Open | High | Low | Volume | ||
| 64.5¢ | 64.5¢ | 64.0¢ | 12240 | ||
| Last updated 14.43pm 10/05/2024 ? | |||||
| TGP (ASX) Chart |