TCF 1.29% $5.50 360 capital mortgage reit

does anyone follow this stock?

  1. 477 Posts.
    Just wondering if anyone out there owns or keeps an eye on this stock. Looks like an interesting one given that most ASX-listed hybrids are now trading at well below their face value.

    What I don't like about this stock:
    1. Management and performance fees
    2. The fact that the directors will return capital to unitholders if the fund's income is insufficient to meet their guaranteed 7%pa return: not a sustainable strategy.
 
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Last
$5.50
Change
0.070(1.29%)
Mkt cap ! $22.71M
Open High Low Value Volume
$5.44 $5.50 $5.44 $53.77K 9.819K

Buyers (Bids)

No. Vol. Price($)
1 1002 $5.45
 

Sellers (Offers)

Price($) Vol. No.
$5.53 3833 1
View Market Depth
Last trade - 14.41pm 09/08/2024 (20 minute delay) ?
TCF (ASX) Chart
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