Mustera Property Group Ltd. (AU:MPX) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Mustera Property Group Ltd reported significant progress in its property development ventures for the September 2024 quarter, with strategic marketing efforts underway to sell remaining units at Forbes Residences and the commencement of the schematic design for its McCabe Street project, set to launch in early 2025. The company incurred $0.4 million in operating costs and interest expenses of $195K, reflecting ongoing investment in its development projects. Director remuneration payments totaled $96K for the quarter.
For further insights into AU:MPX stock, check out TipRanks’ Stock Analysis page.