The issue for me is the book price. Most property backed stocks tend to operate at least around book. this seems well sold off when you consider that figure.
I agree they're facing headwinds in other areas. If you believe in a decent recovery then a appreciation towards book looks likely in my mind
Ann: Half Year Results Announcement and Slide Presentation, page-20
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Last
$3.61 |
Change
-0.070(1.90%) |
Mkt cap ! $18.77B | |||
| Open | High | Low | Value | Volume |
| $3.65 | $3.66 | $3.58 | $53.92M | 14.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 736616 | $3.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.63 | 80695 | 3 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| SCG (ASX) Chart |