sunland strength

market seems to like the news.
management deserve a pat on the back for the share buy back and having the company in such very goof financial position. The provisioning looks in order, the impressively low debt to equity ratio has to be the lowest around the property sector.
2.1m to 1.2m on the buy sell total volumes and 2.4m traded in a short period of time, up 8.33% or 3.5c.
If they aren't buying today there is someone doing so, be interesting to see if they stack up 4 or 5m by the close.
Fortunate for those who want to sell as the buyers are strong.
If it goes through the sellers at this rate the share price might get back to something where it should be in the 80c plus levels as the market moves out of the bull paddock.
Mirvac and FKP have bounced, when they ( Sunland) start the active buy back of 10% of the relatively small number of shares on issue, the sound prudential management will further add to the share price I'd expect.