Local Property developer CEC has had a good few days rallying back up over 20c, but still on an awfully thin volume of only 60,000 odd shares today.
The only news seems to have been this announcement on their Rapidbuild system which was put on hold earlier in the year.
“A total of 8 Rapidbuild houses will be built in Kowanyama with a total project value of $4.4 million,” CEO Roy Lavis said. “These homes are perfect for any isolated region. It is commercially viable for us to ship prefabricated homes by truck or barge, send in a small work force and where possible, utilise local labour to assist on site."
So that's around $550,000 per house? In Kowanyama!?
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