So the falling real estate values in Sydney are offset by new real estate in Brisbane....where values are falling faster than Sydney and known to be more cyclical than Sydney....
i don't think SGR is expensive here but it is not eye wateringly cheap
Would just caution anyone not to "back up the truck" because this is actually a shit business but most importantly, they are holding too much debt which could get them into a lot of trouble.
MAJOR TAKEOVER TARGET!, page-27
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Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $760.2M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 27.0¢ | 25.5¢ | $4.483M | 17.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 350999 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 765141 | 20 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SGR (ASX) Chart |