Last time CWK did this sort of thing it was ramping up to a major investment from the overseas.
Could we be seeing something similar again? I see a block of land in Oaklands for $25k lasted a whole three hours on the net before it was sold, and the agent told me he could have sold it again two hours after that.
Seems like any land out there is snapped up really quickly.
Get on it, it looks like things are starting to move. When it moves on the ground, thats when it signifies the confidence in the stock.
Could we be seeing another move towards some more foreign investment in this little gem. Stock is strong, and the Oaklands real estate doesnt last long on the market.
CWK Price at posting:
43.8¢ Sentiment: None Disclosure: Not Held