I agree, GPT seems to have been oversold.
According to that news article:
"GPT's wholesale fund is said to be concluding a sale of its 179 Elizabeth Street, worth about $70 million to $80 million."
As soon as the release the confirmation expect GPT's share price to explode like a can of beans!
Sale of assets is a must for REITs to clean up their balance sheets and get them through this downturn.
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reit asset sales, page-7
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Last
$5.04 |
Change
0.030(0.60%) |
Mkt cap ! $9.683B |
Open | High | Low | Value | Volume |
$5.05 | $5.07 | $4.99 | $19.61M | 3.898M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6509 | $5.04 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.05 | 78662 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6509 | 5.040 |
4 | 100889 | 5.030 |
6 | 103316 | 5.020 |
3 | 103591 | 5.010 |
2 | 17605 | 4.990 |
Price($) | Vol. | No. |
---|---|---|
5.050 | 78662 | 2 |
5.060 | 156859 | 2 |
5.070 | 80551 | 5 |
5.080 | 52851 | 3 |
5.090 | 31683 | 3 |
Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
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CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
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