My guess is that we will see a quick re-buff from local instos and the US hedge funds, and then a revised offer.
This would have been in the planning for at least a couple of months IMO, and the price then would have been a premium to the price 2 months ago. Thus, they are being opportunistic and there is plenty of room for them to move.
Macquarie back to its old games of recycling capital!
I hold, unless the world goes to the crapper again, and then I will happily take the cash (even at a discount to NTA) and invest in other REITs that are trading at even bigger discounts.
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Last
$15.28 |
Change
-0.170(1.10%) |
Mkt cap ! $7.525B | |||
| Open | High | Low | Value | Volume |
| $15.71 | $15.71 | $15.26 | $12.38M | 806.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5210 | $15.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.29 | 405 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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