They reported $602m end value in that FY21 presentation but that presentation does not include Kenmore (88 units for $67m) or Lanes Retail (I'm using an end figure of $87m but I can't remember where I got that from) plus I added $3m for residual stock of completed projects (they mentioned they had some residual unsettled stock, I guessed at $3m to make the total portfolio equal $499m). The margin (I used 20%) is tricky to guess at. I am hoping that they get more for Lanes West than what they original hoped as those will be sold at 2021 boom prices, not the $129m that they've been saying in their presentations for the past few years.
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