Lots of stories doing the rounds about banks in general. They have full control now over who they lend to in business and at much higher rates. They are calling for mergers in the reit sector to reduce their exposure.
In my industry banks and insurance companies are acting like they own companies with their approach to lending etc.
I think we should assume it won't be all refinanced but maybe half otherwise it would be done if it was easy. Assume a dividend cut for the rest.
I still think IIF could be taken over by GMG?
Privatisation with middle east money is also possible.
hot tip, page-8
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Last
$35.77 |
Change
0.240(0.68%) |
Mkt cap ! $67.93B | |||
| Open | High | Low | Value | Volume |
| $35.29 | $35.88 | $35.17 | $81.36M | 2.277M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2038 | $35.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.78 | 4983 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$35.77 |
Change
0.240 ( 0.37 %) |
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| Open | High | Low | Volume | ||
| $35.38 | $35.88 | $35.20 | 694820 | ||
| Last updated 16.10pm 14/06/2024 ? | |||||
| GMG (ASX) Chart |