im pretty sure the market is afraid the interest rate hikes (europe's inflation is far worse than america) will cause asset price to drop fast and force LTV covenant, and the drop to these levels has nothing to do with recession reducing FFO. a force CR would push price to $30 like last time.
The only stock on the ASX300 that looks ready to pump!!, page-36
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Last
$6.07 |
Change
0.080(1.34%) |
Mkt cap ! $703.0M | |||
| Open | High | Low | Value | Volume |
| $6.06 | $6.08 | $6.05 | $330.0K | 54.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4900 | $6.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 547 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| URW (ASX) Chart |