Yes disappointing if you bought in anywhere near $3, but a good chance to average down.
Not really sure why they are raising given the gearing levels are only 24% already.
Doesnt make sense to raise funds to potentially buy other assets when you are having to raise at such a discount.
News: CQE Charter Hall Education Trust Announces Equity Raising, page-6
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Last
$2.51 |
Change
0.035(1.42%) |
Mkt cap ! $930.1M | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.51 | $2.48 | $367.9K | 147.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 18188 | $2.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 6068 | 18 |
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| Last trade - 15.47pm 29/07/2024 (20 minute delay) ? |
| CQE (ASX) Chart |