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?
All these property trusts are going to hit road blocks when they...
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Last
$4.63 |
Change
-0.010(0.22%) |
Mkt cap ! $8.869B | |||
| Open | High | Low | Value | Volume |
| $4.65 | $4.69 | $4.61 | $16.61M | 3.583M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 49594 | $4.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.64 | 32376 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| GPT (ASX) Chart |