RFF 0.00% $1.88 rural funds group

What I don't get is why rff is trading so much above its $1.50...

  1. 6,881 Posts.
    lightbulb Created with Sketch. 97
    What I don't get is why rff is trading so much above its $1.50 NTA book value, why is the market valueing rff so highly?
    It should be trading around $2 to be honest it's on a or of 21 as well, too high, should be closer to 15 this isn't some tech stock that has lots of growth ahead of it
 
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Buyers (Bids)

No. Vol. Price($)
12 57184 $1.88
 

Sellers (Offers)

Price($) Vol. No.
$1.90 6996 1
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
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