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Ann: Letter of Intent with Hickory Developments , page-8

  1. dirtyharry76
    175 Posts.
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    24/09/09
    15:51
    Post #: 5689656
    re: Ann: Letter of Intent with Hickory Develo... "The first development is in Melbourne with almost 200 apartments and is expected to
    generate revenues of up to $3 million over 5 years"

    That's $600k/year for 200 apartments.

    Or $3k/apartment p.a.

    Doesn't $3k/apartment/year for phone, data, water, electricity & gas sound a bit optimistic?
    AHL Price at posting: 1.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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