the inverse relationship between interest and asset prices means that usually as interest increases asset prices fall... however there is also a greater barrier to entry for newer stock given the higher capitalisation requirements.
Im not sure what it all means - but I am wondering if GPT is now fair value, given its sitting on an earnings multiple of some 14x
Each of my prior purchases has been on multiples < 10 ...
*ponders*
re:property past bottom of cycle, page-3
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Last
$4.23 |
Change
-0.150(3.42%) |
Mkt cap ! $8.236B | |||
| Open | High | Low | Value | Volume |
| $4.33 | $4.37 | $4.22 | $22.89M | 5.323M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 360169 | $4.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.81 | 4055 | 1 |
View Market Depth
| Last trade - 15.59pm 26/06/2024 (20 minute delay) ? |
| GPT (ASX) Chart |