CMA 0.00% 0.0¢ centuria metropolitan reit

I am guessing the current price weakness over the last few days...

  1. 686 Posts.
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    I am guessing the current price weakness over the last few days is due to the overhang from the cap raise-the underwriter scored the majority of them, so I suspect they are now slowly offloading. I took a punt and picked up a few at $2.32. It could well fall a bit lower as they continue to sell (and I might nibble a few more if so), but sooner or later that will end, and with that I expect (hope!) it to float back up above $2.40
 
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Currently unlisted public company.

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