WENTWORTH Mutual Limited’s recent acquisition of several property management businesses in the past six months has increased the number of properties in its management portfolio in Western Australia to more than 500. Wentworth Mutual plans to further expand its portfolio to include between 1,500 and 2,000 properties by the end of 2004.
The company expects its share price to perform strongly during the coming year as a result of this growth. The share price has moved from 2 to 3.5 cents in the past six months.
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