Here is something for anyone confused as to the business of RFF.
taken from their website, my highlighting in yellow:
https://ruralfunds.com.au/rural-funds-group/fund-information/strategy-and-investment-process/
Rural Funds Group (RFF) is Australia’s only diversified agricultural Real Estate Investment Trust (REIT), and one of very few commercial entities actively seeking to provide property leasing solutions to the Australian agricultural sector
RFF is a rural property landlord, rather than an operator of assets.
The Fund’s strategy is to own productive agricultural assets that are leased to experienced counterparts. The leasing arrangement is designed to provide a stable revenue stream to RFF, supporting regular distributions to investors.
Capital growth is expected to occur over time as the agricultural property assets increase in value driven by increasing competition for farmland to ensure food security, the impact of the emerging Asian middle class and a growing global population.
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Here is something for anyone confused as to the business of RFF....
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$2.02 |
Change
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Mkt cap ! $785.6M |
Open | High | Low | Value | Volume |
$2.04 | $2.04 | $2.02 | $880.2K | 434.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 64368 | $2.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.03 | 208 | 2 |
View Market Depth
No. | Vol. | Price($) |
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10 | 52138 | 2.020 |
14 | 43968 | 2.010 |
61 | 138678 | 2.000 |
3 | 8343 | 1.995 |
9 | 69326 | 1.990 |
Price($) | Vol. | No. |
---|---|---|
2.030 | 196 | 1 |
2.050 | 7228 | 2 |
2.060 | 6381 | 3 |
2.070 | 9959 | 3 |
2.080 | 16043 | 2 |
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