Month: June 2020
Qantas (QAN) Launched a chunky $1.4b institutional placement yesterday along with a $500m share purchase plan today with the airline bringing in sweeping changes to keep the businesses in operation and hopefully come out of the crisis in better shape. Institutions were offered stock at $3.65 a share, a healthy but not excessive 12.9% to […]
Dexus (DXS) +0.90%: property manager Dexus is poised to sell one of their prime Sydney office blocks for $530m. Singapore’s Peakstone approached Dexus with an offer for 45 Clarence Street in line with the carry value seen at the half year result which was enough for the current owner to take notice. The deal will still require […]
Really bullish, there's more to go in the reflation rally
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