Cinema Plus Limited

By Intelligent Investor · 24 Mar 1998

By Intelligent Investor ·
24 Mar 1998

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$6.67 at 12:50 (19 April 2024)

Price at review

at (24 March 1998)

All Prices are in AUD ($)

Cinema Plus - Has signed an agreement to establish a seventh Imax theatre, this time at Surfers Paradise. Cinema Plus will provide $3 million of equipment while a proposed property trust will invest about $15 million to acquire and develop the site. The stock has moved ahead strongly in the market over recent months as the full extent of its growth strategy is revealed. Only for more aggressive investors who understand the risks associated with a start-up business. Current shareholders hold until further notice.

IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.

Cinema Plus Limited

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Cinema Plus Limited

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