So basically what your saying is income will dry up. No one will want or need property any longer.
Come on, get real.
Even at 50% reduction to distribution your still on almost 20% yield.
Maybe just maybe next year will be the year of stabilization.
At these prices its one for the longer term, but you can;t say its not cheap.
let's bend the rules, page-4
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Last
$35.25 |
Change
-1.190(3.27%) |
Mkt cap ! $66.69B | |||
| Open | High | Low | Value | Volume |
| $35.55 | $35.66 | $34.96 | $21.09M | 597.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 145 | $35.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.25 | 491 | 5 |
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| Last trade - 11.34am 02/08/2024 (20 minute delay) ? |
| GMG (ASX) Chart |