No idea. My guess is either:
1) market didn't like the de-leveraging plan which will cause short-term EPS dilution & increase in WACC (noting cost of debt only 1.5%)
2) US NOI going backwards?
Overall I thought it was a decent result, there's a lot of optionality in the sites they own, and I don't believe the world's best shopping centres will be disrupted by online retail, rather the destination centres will continue to evolve and happily co-exist / complement digital retail.
No idea. My guess is either:1) market didn't like the...
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Last
$6.19 |
Change
-0.090(1.43%) |
Mkt cap ! $699.3M | |||
| Open | High | Low | Value | Volume |
| $6.22 | $6.24 | $6.17 | $727.1K | 117.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4647 | $6.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.21 | 4076 | 1 |
View Market Depth
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| URW (ASX) Chart |