Fundamentals are still drifting...and I'm not seeing anything to change my view - despite Fortescue flogging iron or to the Chinese
The slump in home listings around Australia has caused transaction volumes at listed real estate agency McGrath to fall by 17% with no signs of a recovery. Revenue fell from $99.2m to $87.2m leading a $15.6m after tax loss. Chief Executive Geoff Lucas said vendor listed properties were at a decade low. Sales volumes were down in Sydney by 21.9% prices down 9.9%, Melbourne volumes down 27% prices down 9.2 %
Fundamentals are still drifting...and I'm not seeing anything to...
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Last
$140.56 |
Change
0.620(0.44%) |
Mkt cap ! $236.5B | |||
| Open | High | Low | Value | Volume |
| $140.63 | $141.85 | $140.34 | $100.0M | 709.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 134 | $140.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $140.58 | 75 | 3 |
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| Last trade - 13.42pm 05/09/2024 (20 minute delay) ? |
| CBA (ASX) Chart |