From afr...“It’s a mess,” said Simon Mawhinney, the managing director and chief investment officer of Allan Gray, which holds a 6.2 per cent stake in Lendlease. “It’s an asset-rich company that is just generating paltry returns.”
Tanarra Capital chief executive John Wylie said Lendlease’s business model was “broken”.
“Lendlease has a reputation of building fine buildings, but it is also a serial destroyer of shareholder value,” Mr Wylie told the Financial Review’s Chanticleer column.
Ann: LL HY24 ASX, Presentation and Appendix, page-20
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Last
$7.12 |
Change
-0.150(2.06%) |
Mkt cap ! $4.913B | |||
| Open | High | Low | Value | Volume |
| $7.24 | $7.27 | $7.11 | $7.837M | 1.096M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 857 | $7.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.16 | 5348 | 1 |
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