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Lifestyle Communities Ltd ( (AU:LIC) ) has shared an announcement.
Lifestyle Communities Ltd has lodged an appeal with the Supreme Court of Victoria regarding orders related to deferred management fees made by VCAT. The appeal process is expected to take approximately 6-12 months, potentially impacting the company’s operations and stakeholders as it navigates this legal challenge.
The most recent analyst rating on (AU:LIC) stock is a Hold with a A$5.70 price target. To see the full list of analyst forecasts on Lifestyle Communities Ltd stock, see the AU:LIC Stock Forecast page.
More about Lifestyle Communities Ltd
Based in Melbourne, Victoria, Lifestyle Communities® develops, owns, and manages affordable independent living residential land lease communities. The company has twenty-nine residential land lease communities under contract, in planning, in development, or under management, serving over 5,800 Victorians.
Average Trading Volume: 830,568
Technical Sentiment Signal: Sell
Current Market Cap: A$650.4M
For an in-depth examination of LIC stock, go to TipRanks’ Overview page.