They're undoubtedly wishing they sold in 2019 along with everyone else!
Different environment now - shorter WALE on the portfolio with key vacancies, cap rate expansion cycle, and (I'm assuming) a bit of CAPEX expected on the Valentine repositioning/development.
I think Aliro will have hit a few snags to offer a price equivalent to NTA. Bit of a task to replace the effectively sole tenants at Valentine and Pirie St properties, fixed rent reviews of 3% looked great in 2019 but now below CPI, and assumed cap rates are still lower than 2019. Whether Hume agrees, and to what extent, makes or breaks it. $2.25?
They're undoubtedly wishing they sold in 2019 along with...
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Last
$1.26 |
Change
-0.005(0.40%) |
Mkt cap ! $207.1M | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.29 | $1.26 | $30.01K | 23.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18211 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 966 | 1 |
View Market Depth
| Last trade - 15.59pm 03/05/2024 (20 minute delay) ? |
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Last
$1.27 |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| $1.26 | $1.29 | $1.26 | 10896 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| AOF (ASX) Chart |