Aevum has announced $28.6m profits for the 2010 financial year. The profit announcement provides futher ammunition in Aevum's bid to repel Stockland's low ball takevoer offer. The new figures represent an upswing of 25% from the 2008-9 financial year when Aevum posted a $12.2 million loss. During 09/10, Aevum's average sales price increased 2% and they sold 240 ILU's, representing a 76% increase in turnover from the previous year.
The Weekly SOURCE
Land lease operator GemLife launches on the ASX in the year’s biggest IPO
In just nine years, 37-year-old Adrian Puljich marked a huge milestone – celebrating with his family, residents, staff, the new board, legal teams and The Weekly SOURCE as he launched his business on the Australian Stock Exchange. “What...