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Camplify Expands Flood Recovery Housing Partnership with NSW Government

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Camplify Expands Flood Recovery Housing Partnership with NSW Government

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Camplify Holdings Ltd. ( (AU:CHL) ) just unveiled an update.

Camplify Holdings Ltd has expanded its partnership with the NSW Government to provide caravans for flood recovery housing support, as part of a $50 million Housing Support Package. This initiative aims to assist residents affected by severe flooding in the Mid North Coast and Hunter regions by enabling them to stay on their properties during home repairs. The program builds on Camplify’s previous successful deployments for disaster relief, highlighting the company’s pivotal role in providing immediate housing solutions and supporting community recovery efforts.

The most recent analyst rating on (AU:CHL) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Camplify Holdings Ltd. stock, see the AU:CHL Stock Forecast page.

More about Camplify Holdings Ltd.

Camplify Holdings Ltd is Australia’s leading peer-to-peer rental platform for caravans, campervans, and motorhomes. The company focuses on providing rental solutions for recreational vehicles, catering to both individual travelers and broader community needs, such as disaster relief accommodation.

Average Trading Volume: 164,504

Technical Sentiment Signal: Sell

Current Market Cap: A$33.96M

For a thorough assessment of CHL stock, go to TipRanks’ Stock Analysis page.

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