Well done sir...was it an easy decision....
Printable View
Well done sir...was it an easy decision....
Certainly is and those overseas RYM lovers can quickly turn the price around if they so wish(I reckon it's NZ based sellers driving it down at the moment) I reckon your barking up the wrong tree if your saying under $8 but if it did OCA would only be worth 80c and we wouldn't like that now would we.
https://www.nzherald.co.nz/business/...ectid=12200033
Hang on to your hats folks, this looks like its getting ugly. The speed of the decline in Sydney and Melbourne is accelerating.
The medium price of a Melbourne house suggests people will struggle to sell them and afford a decent sized RYM unit and the top end of the market if falling the most.
Interesting times. Hope SUM other company is still not thinking of expanding over there.
Patient Panda...thankyou...outstanding wisdom indeed.
property prices dropped again in jan in syd , mel looked forward to see how the aus village operators are handling this
fwiw Aveo Group (AOG.ASX) has just announced their HY result and it's not pretty https://stocknessmonster.com/announc...asx-2A1132236/
I think the headwind in the OZ property market is way stronger than over here so I have sold all my remaining RYM shares at $11 last week.