I think they optioned it when times were good and then interest rates went up dramatically and the economics got compressed so they withdrew but had to pay the landowner the option fee.....such is life.....I know of other developers in worse shape and trying to back out of contracts......its basically why not many houses are being built...
Ann: Termination of Option - Rocksberg, Caboolture, Queensland, page-9
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Mkt cap ! $159.1M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 18100 | 27.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 1 | 1 |
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