Chart wise, it has managed to bounced off from the low of $2.88 and rises higher to touch the high of $2.94 and close well at $2.93 last Friday, looks rather interesting!
Will it be able to rise further and move up to retest $3.00 for the coming week!
This would likely set the market direction going forward!
I think is good to monitor and stay cautious!
PO price was $2.96.
Current price is trading below the PO price, of which I think it may still attract some buying interest!
Yearly DPU is about 15 cents. Yield is about 5.1%. Half yearly dividend. Yield is pretty decent for this Giant Industrial reit counter.
Not a call to buy or sell.
Pls dyodd.
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