The only issue I see is that QIC would've sold to another investment company and/or fund that would sell down partially until its sale price of $2.62.
This will create a fair share of liquidity until $2.62 so I've got another buy in and around that range as it trends downwards.
Definitely plenty of value at that range given the companies dividends and distributions.
News: DBI Dalrymple Bay Infrastructure Posts Q1-24 Distribution Of 5.375 Au Cps, page-13
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Last
$2.96 |
Change
0.030(1.02%) |
Mkt cap ! $1.467B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $2.96 | $2.93 | $613.9K | 207.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 97 | $2.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.96 | 78562 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DBI (ASX) Chart |