This sale would seem to support the valuations of this type of asset. There may be some downside variation of course. But the current unit price represents something like a 25% discount. If that was all attributable to book value concerns (and it might not all be around valuations), it suggests that book values may need to fall around 15% (less than the unit price difference due to gearing).
DXI has a range of different property types and locations, However, surely this current sale suggests such a magnitude of fall is unlikely?,
This sale would seem to support the valuations of this type of...
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Last
$2.94 |
Change
-0.030(1.01%) |
Mkt cap ! $932.7M | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.00 | $2.92 | $603.9K | 205.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13158 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 1158 | 1 |
View Market Depth
| Last trade - 16.10pm 11/06/2024 (20 minute delay) ? |
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Last
$2.94 |
Change
-0.030 ( 1.15 %) |
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| Open | High | Low | Volume | ||
| $2.96 | $2.98 | $2.92 | 40727 | ||
| Last updated 15.59pm 11/06/2024 ? | |||||
| DXI (ASX) Chart |