CWP 0.88% $5.71 cedar woods properties limited

Ann: CWP to sell Williams Landing Shopping Centre, page-2

  1. 587 Posts.
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    Well this is a nice surprise. 2021 valuation of shopping centre and adjacent land of $ 83.6 m. In books this year at cost of $ 38.6 m.
    Profit of $ 45 m minus tax ( 30% ? ) = $ 31.5 m. 82 mill shares on issue = 38 cents per share.
    2022-23 bottom line promises to be quite respectable.
    I think this assessment is correct.
    GLTA
    Riv
 
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