Highlights
ASX: PPC       PEET LIMITED
Last Price Today's Change   Day's Range   Trading Volume
1.15   -0.015 (1.29%)  1.14 - 1.165  30,033

Overview

 
Avg Volume (4 weeks):342,876
4 Weeks Range:1.11 - 1.21
4 Weeks Price Volatility (%):
40.00%
52 Weeks Range:0.945 - 1.255
52 Weeks Price Volatility (%):
66.13%
Average Price Target: 2.05
Price Target Upside/Downside: +0.90

Headlines



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Business Background

Peet Limited is an Australia-based residential developer. The Company acquires, develops and markets residential land. The Company's segments include Funds management, Company-owned projects and Joint arrangements. Under the Funds management segment, the Company enters into asset and funds management agreements with external capital providers. Under the Company-owned projects segment, it acquires parcels of land in Australia for residential development purposes. Under the Joint arrangements segment, it enters into joint arrangements with government, statutory authorities and private landowners. Its land holdings also produce non-residential blocks of land. It is also engaged in the delivery of medium-density housing, and the delivery and facilitation of shopping centers, schools, medical centers, pharmacies, childcare centers and other local services in some estates. It manages and markets residential projects, often on behalf of syndicate, joint venture or co-investment partners.

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