All these property trusts are going to hit road blocks when they are forced to write down asset positions. They came pretty close last reporting season and I think the situation has worsened. The credit crunch is escalating and property prices are likely to have fallen... I don't see an easy win here. The only answer will be a dilutive capital raise, asset fire sale etc.
Any thoughts?
debt covenants
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GPT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.00 |
Change
-0.010(0.25%) |
Mkt cap ! $7.662B | |||
| Open | High | Low | Value | Volume |
| $4.09 | $4.11 | $4.00 | $33.85M | 8.421M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 342542 | $3.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.01 | 47783 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| GPT (ASX) Chart |