My hope is the deal fails.
I tried to buy a commercial property once off a cagey old farmer. We were the tenant. His words were: "If I sell to you, then I have to take that money, pay capital gains tax, and then take the net proceeds, go into the market, and try to find a tenant like you on a property like this. Now, why would I do that?"
We all own shares in a company doing tremendously well, paying down debt, producing fantastic ROC, blowing away EBIT expectations, and bookings well into the future.
Now, why would you sell that?
My hope is the deal fails.I tried to buy a commercial property...
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Last
$2.62 |
Change
-0.010(0.38%) |
Mkt cap ! $993.0M | |||
| Open | High | Low | Value | Volume |
| $2.63 | $2.64 | $2.60 | $11.61M | 4.428M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 22376 | $2.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.63 | 779808 | 5 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MRM (ASX) Chart |