CMW 2.50% 39.0¢ cromwell property group

I guess we can speculate as to the reason for the price rise but...

  1. 805 Posts.
    lightbulb Created with Sketch. 69
    I guess we can speculate as to the reason for the price rise but to me the only significant change of late is the increase in div. I would speculate that the market sees the potential for further increases going forward and is buying accordingly

    By way of a negative in the stock in an ideal world I would like to see debt lowered by 10% at least

    However going forward the company is well placed to take advantage of an improved market and has a quality portfolio of office buildings and tenants

    I hold long term for yield so the short term SP doesnt really affect me none the less its better than going down!!
 
watchlist Created with Sketch. Add CMW (ASX) to my watchlist
(20min delay)
Last
39.0¢
Change
-0.010(2.50%)
Mkt cap ! $1.021B
Open High Low Value Volume
39.5¢ 41.0¢ 39.0¢ $1.016M 2.568M

Buyers (Bids)

No. Vol. Price($)
14 228038 39.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.5¢ 38078 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
CMW (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.