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
$2.50 |
Change
0.030(1.21%) |
Mkt cap ! $928.3M | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.50 | $2.48 | $199.2K | 80.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 7073 | $2.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.50 | 5814 | 20 |
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| Last trade - 12.53pm 29/07/2024 (20 minute delay) ? |
| CQE (ASX) Chart |