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PHOTO: John McGrath
The McGrath estate agency was trading on Friday at a record low 19.5 cents, and again this morning at that price.
The ASX listed agency was at 29 cents in early June. It floated at $2.10 in late 2015.
The latest sharemarket decline came just days after the group celebrated its 2019 awards night.
On the night, its founder John McGrath noted outstanding results from not just the award winners but throughout the group.
“We have principals and offices growing at lightning speed in what has been a tough market,” he said.
“We have the most elite sales force on the planet, in my opinion.”
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