GPT 1.80% $4.36 gpt group

I noticed this announcement today:The GPT Group today announced...

  1. 631 Posts.
    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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$4.36
Change
-0.080(1.80%)
Mkt cap ! $8.351B
Open High Low Value Volume
$4.37 $4.40 $4.34 $37.42M 8.577M

Buyers (Bids)

No. Vol. Price($)
1 28014 $4.36
 

Sellers (Offers)

Price($) Vol. No.
$4.37 89068 6
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