This article is from the Australian Property Journal archive
RUN Property shares fell 56.58% or 43 cents yesterday to finish at a record low of $0.33, following its half negative forecast for the 2006 financial year.
More than 3.4 million shares were traded in RUN Property, after RUN chief executive Paul Villanti said the company is now expecting an EBITDA loss of $6.85 million above its prospectus forecast loss $2.2 million and an NPAT loss pre amortisation of $6.5 million compared to the prospectus forecast loss $4.3 million.
The big winners yesterday were realestate.com.au and building materials supplier Brickworks.
The ASX Property Indices fell 0.7% to finish at 1953.2 points.
By Adam Parsons
Yesterday’s Winners
|
Name
|
Volume
|
Open $
|
Last $
|
Change $
|
Change
|
|
REALESTATE.COM.AU
|
91,530
|
3.570
|
3.590
|
0.18
|
5.28%
|
|
BRICKWORKS FPO
|
800
|
13.500
|
13.500
|
0.50
|
3.85%
|
|
SUNLAND GROUP
|
2,245,600
|
2.050
|
2.080
|
0.05
|
2.46%
|
|
RECORD REALTY
|
1,207,220
|
0.960
|
0.960
|
0.02
|
2.13%
|
|
WATPAC LIMITED
|
10,441
|
2.510
|
2.510
|
0.03
|
1.21%
|
|
RAPTIS GRP
|
17,250
|
0.910
|
0.890
|
0.01
|
1.14%
|
|
CITY PACIFIC
|
71,840
|
3.300
|
3.290
|
0.03
|
0.92%
|
|
INVESTA PROPERTY
|
9,909,343
|
2.210
|
2.230
|
0.02
|
0.90%
|
|
ING RE ENT UNIT
|
159,818
|
1.170
|
1.190
|
0.01
|
0.85%
|
|
MORTGAGE CHOICE LTD
|
393,767
|
2.530
|
2.550
|
0.02
|
0.79%
|
Yesterday’s Losers
|
Name
|
Volume
|
Open $
|
Last $
|
Change $
|
Change
|
|
RUN CORP LIMITED
|
3,437,800
|
0.545
|
0.330
|
-0.43
|
-56.58%
|
|
PHILEO AUST
|
6,000
|
0.400
|
0.400
|
-0.11
|
-21.57%
|
|
CANADA LAND
|
10,000
|
0.065
|
0.065
|
-0.005
|
-7.14%
|
|
LV LIVING LIMITED
|
267,790
|
0.052
|
0.054
|
-0.004
|
-6.90%
|
|
MACARTHURCOOK LTD
|
7,828
|
1.850
|
1.850
|
-0.10
|
-5.13%
|
|
ARIADNE AUST
|
20,000
|
0.475
|
0.475
|
-0.025
|
-5.00%
|
|
MFS LVGD STAPLE
|
239,169
|
3.220
|
3.100
|
-0.14
|
-4.32%
|
|
PORT BOUVARD
|
33,430
|
2.030
|
1.970
|
-0.06
|
-2.96%
|
|
BECTON PROPERTY GRP
|
278,683
|
0.560
|
0.550
|
-0.015
|
-2.65%
|
|
COMWLTH PROP OFF
|
6,557,152
|
1.380
|
1.360
|
-0.035
|
-2.51%
|