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.
im pretty sure the market is afraid the interest rate hikes...
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Last
$5.94 |
Change
-0.090(1.49%) |
Mkt cap ! $701.3M | |||
| Open | High | Low | Value | Volume |
| $5.98 | $6.00 | $5.93 | $209.3K | 35.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 8308 | $5.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.94 | 1414 | 18 |
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| Last trade - 13.04pm 26/06/2024 (20 minute delay) ? |
| URW (ASX) Chart |