Before the PO announcement, I did not own any MLT share.
It was trading at 1.99 & the price was corrected due to PO offering at 1.84 per unit. I took this opportunity To buy smAll lots at 1.91 before XR/XD with 1.46 cents.
Subscribed the same no of share I bought for PO application and to my surprised was Alloted almost fully with the excess applied.
At the current price of 1.86, yield is about 4.6% for this famous reit that is in great demand sector. I think Is a gd counter to consider!
With the PO share plus existing unit my avg price is now at 1.875.
Please dyodd.
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