Normal
They reckon a week in politics is a long time and things change quickly but a month in the market is equally unpredictable.gpt ranged from the low of $3.14 up to $3.33 than back to $3.19. The share buy-back is possibly underwriting the share price to some extent but it is ex-div and trading at a larger multiple of earnings than most other reit's. [ATTACH]47453[/ATTACH]Personally I think they need to work on increasing their earnings and subsequent dividends to warrant the current share price levels. Notwithstanding gpt continues to provide trade opportunities through the share price volatility for the quick. d.y.o.r & good luck.
They reckon a week in politics is a long time and things change quickly but a month in the market is equally unpredictable.
gpt ranged from the low of $3.14 up to $3.33 than back to $3.19. The share buy-back is possibly underwriting the share price to some extent but it is ex-div and trading at a larger multiple of earnings than most other reit's.
[ATTACH]47453[/ATTACH]
Personally I think they need to work on increasing their earnings and subsequent dividends to warrant the current share price levels. Notwithstanding gpt continues to provide trade opportunities through the share price volatility for the quick. d.y.o.r & good luck.
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