I think they own petrol stations and lease them back to coles branded petrol statations. And collect the rent - they have a deal that they get either a 3% increase a year in rent or inflation. Also the leases are long term agreements i think 13 years.I could be wrong though on some of the details - but sidenote on valuations models i also think this is under priced.
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I think they own petrol stations and lease them back to coles...
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Last
$2.25 |
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0.020(0.90%) |
Mkt cap ! $1.511B |
Open | High | Low | Value | Volume |
$2.24 | $2.28 | $2.24 | $2.614M | 1.156M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 27088 | $2.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.26 | 4499 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 15111 | 2.250 |
1 | 7372 | 2.240 |
4 | 28179 | 2.230 |
1 | 4499 | 2.220 |
4 | 9754 | 2.210 |
Price($) | Vol. | No. |
---|---|---|
2.260 | 4499 | 1 |
2.270 | 4499 | 1 |
2.280 | 28138 | 5 |
2.290 | 16397 | 4 |
2.300 | 29712 | 5 |
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