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AMREP Corp T.AXR


Primary Symbol: AXR

AMREP Corporation, through its subsidiaries, is a holder of land, developer of real estate and homebuilder in New Mexico. The Company operates through two business segments: land development and homebuilding. The land development segment offers for sale both developed and undeveloped real property to national, regional and local homebuilders, commercial and industrial property developers and others. Activities conducted or arranged by the Company include land and site planning, obtaining governmental and environmental approvals (entitlements), installing utilities and storm drains, ensuring the availability of water service, building or improving roads necessary for land development and constructing community amenities. The homebuilding segment offers a variety of home floor plans and elevations at different prices and with varying levels of options and amenities to meet the needs of homebuyers. The Company focuses on selling single-family detached and attached homes.


NYSE:AXR - Post by User

AMREP Corp > To obtain 6.5 million that was not needed at this time
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Comment by Nikee76on Jun 04, 2019 5:03pm
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Post# 29798289

RE:RE:To obtain 6.5 million that was not needed at this time

RE:RE:To obtain 6.5 million that was not needed at this time
I am also disappointed but if management has decided to make presents to some of their friends the timing is perfect. At least, we can wait 3 or 4 more days if today volume remains the same. I am still optimistic about the possible mining activities. Silver soon will jump over 16 USD per ounce I suppose and we'll have a green light. Glta
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