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 $0.7766.
Some big players on the registry at much more significant prices than it is currently at market for... and the company appears on *all* indicators at present time to be in fine health.
Patience people.
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5 | 83917 | 5.000 |
1 | 42 | 4.990 |
1 | 78 | 4.970 |
1 | 3904 | 4.720 |
Price($) | Vol. | No. |
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4.570 | 833 | 7 |
4.660 | 1533 | 1 |
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