I don't like the sounds of it at all. If they just want to cut debt they should sell properties. If they want to expand they can issue shares at NTA.
There is not too much to property companies. They really shouldn't trade too much below NTA. If they do people are generally getting a bargin.
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Last
$2.87 |
Change
-0.020(0.69%) |
Mkt cap ! $1.065B | |||
| Open | High | Low | Value | Volume |
| $2.89 | $2.89 | $2.86 | $1.680M | 585.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6150 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 2864 | 2 |
View Market Depth
| Last trade - 16.11pm 08/07/2025 (20 minute delay) ? |
| CQE (ASX) Chart |