Jul. 3 at 10:49 AM
$LPA
This should move up in price now it’s being added to the Russell 3000 index, institutional investors use this index as a point of reference for their portfolio’s
Better coverage means more institutional investment, this in itself doesn’t mean the price will necessarily go up but if interest rates go up this will become better value for their portfolio’s.
I know most of their properties are overseas but American interest rate cuts will also affect emerging markets.
