re: how high will it go Australand have some of the best...

re: how high will it go

Australand have some of the best commercial property in Australia now worth $1.4 bill which should incrase to $2 billion by years end as stated by the company.

They are building recurrent income to soften the impact of declining property sales. Remember also a majority of its building projects are secured with gurantees from its buyers so its exposure is limited. If they haven't be secured the sales will only be deferred to later periods anyway.

People misinterpreted the results and painted the worse case scenario for its future imho.

I noted also that 65% get involved in the DRP eleviating any cashflow concerns people may have had in regards to it paying dividends.