Good question as to why sell Walhallow for $100 million and then spend $130 million on Rocklands and the other property. Probably a reflection of Macquarie Bank (Paraway) fund manager mentality - they have been under pressure from their investors to kick a goal and they were final offered a profit on one of their purchases - maybe even a chance to charge some "performance " fees as well.
Reminds of some of the AAco property shuffling under previous management - must have made the sales agents happy and bolstered the State Govt stamp duty coffers but achieved little else ..
Good question as to why sell Walhallow for $100 million and then...
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Last
$1.37 |
Change
-0.005(0.36%) |
Mkt cap ! $852.9M | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.38 | $1.37 | $23.52K | 17.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6743 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 12585 | 7 |
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| Last trade - 11.58am 27/11/2024 (20 minute delay) ? |
| AAC (ASX) Chart |
