hi Thanky, I have been following this company recently and try to understand why it is selling so cheap in the marekt.
From what I read so far Southdown is a monster project that will cost 2~3 bns initial capex, therefore an equity partner is required.
Chinese management is not getting shareholder support by its decision to putting money into Melbourne apratment development.
Have to say the price is very attractive...
Ann: AGM Presentation, page-18
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Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.5¢ | 23.5¢ | $96.74K | 403.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 311733 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 11914 | 3 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
