I'm still concerned y penn would sell that pit st exchange/office block for $300m then lease it back.
Money is cheap and will b for many years,i would guess the rent would b more than what penn uses the $300m for.
If this is a sign of the way penn is runnong tls it is no wonder the business is going backwards.imo only.
ps and as posted i thought penn stated very clearly he would sell approx $2b of non productive assets.When u lease the asset back its a productive asset.
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Last
$4.97 |
Change
0.020(0.40%) |
Mkt cap ! $56.58B | |||
| Open | High | Low | Value | Volume |
| $4.95 | $4.99 | $4.93 | $133.4M | 26.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 118 | $4.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.98 | 82887 | 11 |
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| Last trade - 16.13pm 30/07/2025 (20 minute delay) ? |
| TLS (ASX) Chart |