Eureka Group Holdings (ASX:EGH) is continuing on its retirement village acquisition strategy, and is now conducting a trading halt to further increase its portfolio.
The ASX has granted the company a trading halt, with its shares placed in pre-open.
In July EGH completed the acquisition of the freehold land and buildings of Cascade Gardens Cairns, a 53-unit Seniors Rental Village, for around $3.1 million.
EGH is focussed on acquiring physical villages and associated management rights.
During FY14 the company made a net profit after tax of $662,000. Total assets were close to $16 million.
The halt will remain in place until the opening of trade on Tuesday 30th September 2014, or earlier if an announcement is made to the market.
News: Eureka Group Holdings raising cash for acquisitions
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Last
53.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $161.0M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21276 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 2000 | 1 |
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| Last trade - 16.12pm 09/08/2024 (20 minute delay) ? |
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