The OP isn't comparing RFF to CGC, but rather the underlying asset manager who own the rural properties and lease these to CGC is about to list these properties as a REIT called Vital Harvest - targetting a div yield of 8%.
I'd think this absolutely could prompt a re-rate of RFF in the short term.
Costa group listing its property at 8% yield – Risk to RFF share price, page-7
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Last
$1.87 |
Change
-0.005(0.27%) |
Mkt cap ! $768.1M | |||
| Open | High | Low | Value | Volume |
| $1.88 | $1.89 | $1.87 | $773.8K | 413.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 9893 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 28832 | 3 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| RFF (ASX) Chart |
