BBC Not Alone in Share Price Battering; Becton Tops List despite Quality Image

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It’s worthwhile to take a quick look at how the major retirement village players have fared over the past six months – the results indicate it is the sector, not necessarily an individual company that is being battered on the stock exchange:

2008 JAN MARCH JUNE 6 MTHS

Becton $3.73 $1.95 $1.43 -62%
BBC $0.90 $0.52 $0.43 -52%
FKP / Aveo $6.41 $2.60 $3.40* -47%
Lend Lease $17.20 $12.75 $9.50 -45%
Prime Trust $0.86 $0.66 $0.47 -45%
Aevum $2.81 $1.65 $1.85 -34%
Stocklands $8.35 $6.10 $5.39 -27%

* $3.40 represents the market price for FKP two weeks ago before Lend Lease made a friendly takeover offer of $5.00 in shares and cash. They are currently $4.82.

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The Weekly SOURCE is the leading media for retirement living and aged care businesses, delivering sector-specific news through four mastheads. Operating as part of The DCM Group, The Weekly SOURCE also provides a directory of proven sector specialists and an insights exchange.