So the falling real estate values in Sydney are offset by new real estate in Brisbane....where values are falling faster than Sydney and known to be more cyclical than Sydney....
i don't think SGR is expensive here but it is not eye wateringly cheap
Would just caution anyone not to "back up the truck" because this is actually a shit business but most importantly, they are holding too much debt which could get them into a lot of trouble.
MAJOR TAKEOVER TARGET!, page-27
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Last
22.5¢ |
Change
0.010(4.65%) |
Mkt cap ! $645.4M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.0¢ | 21.5¢ | $2.513M | 11.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 2372550 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 524249 | 15 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SGR (ASX) Chart |