I was expecting a rebound after June 30, as the tax-loss selling will stop there, and speculation for buy-back will revive. Nevertheless the SP seems going up now. I heard rich Chinese who are restricted from buying more properties in China are eying Australian oppotunities, and Sunland is well in a position to capitalize on that demand by setting up off-shore sales offices in first tier cities in China. Now all we need is some falls in the AUD to give them some sweetener.
I was expecting a rebound after June 30, as the tax-loss selling...
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