Lower development earnings. Property market is soft, with higher costs and lower realisations.
Given how quality MGR is, I expect it will bounce. Market will look forward through the cycle. Next year could be cycle low earnings.
Ive been buying more today.
Ann: MGR FY24 Results Presentation, page-5
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Last
$2.19 |
Change
-0.030(1.35%) |
Mkt cap ! $8.700B | |||
| Open | High | Low | Value | Volume |
| $2.23 | $2.25 | $2.18 | $13.89M | 6.325M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 355518 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.19 | 94889 | 27 |
View Market Depth
| Last trade - 14.23pm 15/10/2024 (20 minute delay) ? |
| MGR (ASX) Chart |