Originally posted by Ashentegra:
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Thank you inchiaquin for your thoughtful analysis of the land price dilemma facing SHV. I commend it and the linked Brisbane Times article to all on HC.
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I would not expect to see a repeat of the low of $1.20 as this only came about due to the determined selling of former director/chairman Max Fremder who was disgruntled about his departure and liquidated his major shareholding. His selling methodology showed very poor investment nous much like his push into almond growing in Western Australia!
(20min delay)