One para that caught my eye was on pg 5 of the Director's Report Section. It says :-
Activity in key residential markets has been very high in recent years, placing significant pressure on development and construction processes. The Company believes that, as some markets soften, it will benefit as activity eventually returns to levels that are more sustainable over the longer term.
1) I thought the residential mkt has been cooling down ? This report said otherwise.
2) The directors seemed to think that a softening mkt is good because when the mkt regains its momentum later-on, the 'buying quality' will be better,... does it really work like this in the housing sector ??
Opinions ?
One para that caught my eye was on pg 5 of the Director's Report...
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Last
30.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $167.4M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 30.5¢ | $3.325K | 10.90K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 108701 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 20744 | 1 |
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| Last trade - 11.19am 19/11/2024 (20 minute delay) ? |
| AVJ (ASX) Chart |
