This article is from the Australian Property Journal archive
Investors have slowly come back to RUN Property after fleeing yesterday.
Yesterday, RUN Property shares recovered by 16.67% or 0.05 cents to finish at $0.385.
A day earlier, RUN Property shares fell 56.58% or 43 cents to finish at a record low of $0.33, following its half negative forecast for the 2006 financial year.
Yesterday, RUN announced that Jane Tongs, a non executive Director, has been requested by the board to undertake a review of the operational challenges facing the company
Tongs will be working with RUN chairman Frank Cicutto, chief executive Paul Villanti and his management team.
“Another of her responsibilities will be to work on the development of forecast 2007,” Cicutto said.
Yesterday’s losers were led by LV Living and Community Life.
The ASX Property Indices rose by 0.6% to finish at 1964.1 points yesterday.
By Adam Parsons
Yesterday’s Winners
|
Name
|
Volume
|
Open $
|
Last $
|
Change $
|
Change
|
|
PHILEO AUST
|
10,000
|
0.500
|
0.500
|
0.10
|
25.00%
|
|
RUN CORP LIMITED
|
4,334,119
|
0.360
|
0.385
|
0.055
|
16.67%
|
|
MFS HOTEL
|
1,000
|
0.900
|
0.900
|
0.05
|
5.88%
|
|
AVJENNINGS HOMES
|
1,130,579
|
1.350
|
1.405
|
0.07
|
5.24%
|
|
FKP LTD
|
231,880
|
5.350
|
5.640
|
0.24
|
4.44%
|
|
SUNLAND GROUP
|
262,066
|
2.100
|
2.140
|
0.06
|
2.88%
|
|
ABACUS PROP GRP
|
436,910
|
1.465
|
1.500
|
0.04
|
2.74%
|
|
FLETCHER BUILDING
|
14,306
|
7.620
|
7.680
|
0.18
|
2.40%
|
|
TRINITY CONSOLIDATED
|
39,500
|
1.260
|
1.290
|
0.03
|
2.38%
|
|
THAKRAL HOLDINGS
|
326,628
|
0.750
|
0.760
|
0.015
|
2.13%
|
Yesterday’s Losers
|
Name
|
Volume
|
Open $
|
Last $
|
Change $
|
Change
|
|
LV LIVING LIMITED
|
142,000
|
0.043
|
0.045
|
-0.009
|
-16.67%
|
|
COM LIFE FPO
|
55,000
|
0.205
|
0.200
|
-0.025
|
-11.11%
|
|
PAYCE CONSOL
|
3,100
|
3.000
|
3.050
|
-0.25
|
-7.58%
|
|
DEVINE LIMITED
|
388,990
|
0.900
|
0.900
|
-0.07
|
-7.22%
|
|
CROMWELL CORP
|
27,079
|
0.740
|
0.710
|
-0.03
|
-4.54%
|
|
WENTWORTH MUTUAL
|
12,174,702
|
0.025
|
0.024
|
-0.001
|
-4.00%
|
|
VILLAGE LIFE
|
306,341
|
0.300
|
0.285
|
-0.01
|
-3.39%
|
|
GRAND HOTEL GRP
|
54,392
|
0.930
|
0.920
|
-0.02
|
-2.13%
|
|
BECTON PROPERTY GRP
|
55,718
|
0.545
|
0.540
|
-0.01
|
-1.82%
|
|
APN EURO CTG
|
339,679
|
0.830
|
0.825
|
-0.015
|
-1.79%
|