The following article may shed some light on where we are heading with REITs
http://www.businessspectator.com.au/bs.nsf/Article/The-great-property-fire-sale-pd20100215-2P3GX?OpenDocument&src=sph
Could be some more pain ahead. This will depress property values which means further write downs for ABP. Good news is they may be able to pick up some bargins but CAN they maintain the Dividend in the mean time (one of the reasons I hold).
Best to all.
surge in buying, page-3
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Last
$1.15 |
Change
0.010(0.88%) |
Mkt cap ! $1.027B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.16 | $1.14 | $730.1K | 634.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7732 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 8728 | 1 |
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