One of the few stocks on the ASX that is spared from the savage from recession fears.
I think this is one of the stocks on the ASX that is recession proof, if you think about it's business model. It's a Real Estate Investment Trust (REIT), but unlike many of listed trusts that invest in office buildings or shopping centres, CQE invests in child care centres and/or early learning centres which tend to be in demand in all cycles of the economy. Also they have some pretty up-market real-estate than the shack under the gumtree that I used to go to as a kid.
CQE offers a good quarterly distribution as well, currently above 4%.
One of the few stocks on the ASX that is spared from the savage...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CQE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.44 |
Change
0.020(0.83%) |
Mkt cap ! $908.8M | |||
| Open | High | Low | Value | Volume |
| $2.41 | $2.46 | $2.38 | $4.264M | 1.756M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10716 | $2.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.44 | 46728 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CQE (ASX) Chart |