BJT babcock & brown japan property trust

propped up sp

  1. 181 Posts.
    I'm just wondering how much the SP is being propped up by the dividends, and how the SP will react tomorrow. If there are lots of holders who bought at <0.35 then they could dump the shares from tomorrow after qualifying for the div. Any guesses as to how much it might drop? I've read some comments that it will hold fairly well, but in fact REITs were hit hard in the US last night. Another drop in the DOW tonight could see BJT drop to the low 30s over the next few days (pessimistic but maybe realistic?) There seems to be some pretty negative sentiment int he markets at the moment..
 
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Currently unlisted public company.

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