Normal
the sell down Monday suited me just fine as i was able to exit a CFX short with good profit, unfortunately I was not able to grab some DXS quick enough which bounced well today. There are also words that the Meriton might be for sale or be absorbed into SGP so managers are making moves on that basis.If there's a block trade on GPT I'd expect the price to behave like WRT or GMG after they got sold down. The weakness seems to last around a month or so... WRT hasn't fully recover yet but it's probably the same % off recent high as other REITs anyway.
the sell down Monday suited me just fine as i was able to exit a CFX short with good profit, unfortunately I was not able to grab some DXS quick enough which bounced well today. There are also words that the Meriton might be for sale or be absorbed into SGP so managers are making moves on that basis.
If there's a block trade on GPT I'd expect the price to behave like WRT or GMG after they got sold down. The weakness seems to last around a month or so... WRT hasn't fully recover yet but it's probably the same % off recent high as other REITs anyway.
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