Interesting chart price at present. Interesting fundamentals. Price has settled around half way between the recent extreme high and low. The lows have been lifting each successive month for a year now. The sideways move probably accounted for by the recent Kurts Properties merger.

Net Asset Backing, $1.21 is above current chart price. Earnings per share has been increasing, with a yield of 9% fully franked.

Chart to watch here. FKP board has undertaken to buy back shares prior to Feb 2000 which will reduce the floating supply. Normally bullish.