Not sure I understand what argument @hobbes29 is making.
At current price TOT div yield is ~9% and it's fully franked unlike a term deposit.
The cap rate is 5.42% but the properties are leveraged and you are getting the assets at a discount to NTA.
TOT is a bond proxy and if interest rates keeps climbing it will defintely hurt.
But for those who believe that we are close to the peak it's a worthy bet IMO.
Not sure I understand what argument @hobbes29 is making.At...
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Last
36.5¢ |
Change
0.005(1.39%) |
Mkt cap ! $77.52M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.0¢ | 36.0¢ | $24.39K | 66.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 132336 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 75178 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| TOT (ASX) Chart |