I noticed this announcement today:
The GPT Group today announced that a revised conversion price for the $250 million perpetual exchangeable securities issued to GIC Real Estate (GIC RE) on 28 November 2008 has been determined following the completion of the $1.7 billion capital raising announced in May 2009.
Under the terms of the agreement, the conversion price has been reviewed and determined as $0.7766.
Some big players on the registry at much more significant prices than it is currently at market for... and the company appears on *all* indicators at present time to be in fine health.
Patience people.
gic conversion
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Last
$4.74 |
Change
0.070(1.50%) |
Mkt cap ! $9.079B | |||
| Open | High | Low | Value | Volume |
| $4.70 | $4.76 | $4.65 | $24.57M | 5.193M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 49169 | $4.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.74 | 78820 | 3 |
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| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| GPT (ASX) Chart |