Cromwell may be growing too fast for Mums and Dads.
Hard on the heels of its Box Hill trust offer came an
offer to invest over $400 million in former NSW
office blocks, then two Brisbane office blocks.
The retail offer to invest in the NSW office blocks
at $1 per share followed an institutional offer
to invest at the same $1 per share. But the
market in hi-yield shares plunged after
Americans regained faith in US shares.
Why buy CMW (via the retail offer) at $1 each when
Mums and Dads could buy at 97 cents on the ASX
Underwriters are being allocated (at $1) the
47.6 million shortfall in CMW securities.
My wife and I also sat out the retail offer.
Cromwell may be growing too fast for Mums and Dads.Hard on the...
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Last
40.0¢ |
Change
-0.020(4.76%) |
Mkt cap ! $1.047B | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 42.5¢ | 39.0¢ | $2.103M | 5.245M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 90518 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 48729 | 3 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| CMW (ASX) Chart |