Can someone explain to me please why this stock is trading 20% below its NTA, which is verified by Independent Valuers as far as I can tell. I realise it just went ex dividend, but it is still 20% below NTA. I would have also thought that with the recent drop in the US interest rate, its portfolio in the US would actually increase in value, given that lease yields would surely attract a larger cap rate. I cannot figure this stock out.
- Forums
- ASX - By Stock
- please explain why
RRT
record realty
Can someone explain to me please why this stock is trading 20%...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Currently unlisted public company.
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
SPONSORED BY The Market Online