ALZ australand property group
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rumours that the div will be cut.rate rises continue to weigh on...

  1. SuperProfits
    1,502 Posts.
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    04/08/06
    11:11
    Post #: 1718534
    rumours that the div will be cut.

    rate rises continue to weigh on the stock, eg APM said that NSW propoerty could come off 10% if there is another rate rise.

    there are plenty of other high yielding stocks eg JUI (10.4%) and RAT (11.7%).

    I expect that the stock will continue to fall.
    ALZ Price at posting: 0.0¢ Sentiment: ST Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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