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The chief executive of LJ Hooker, Grant Harrod, has resigned as the real estate giant shelves plans for a $400 million listing on the Australian Stock Exchange.
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McGrath shares resumed trade on Monday, plummeting 31% after the company said weaker-than-expected sales would erode profits and dividends.
McGrath has called for a trading halt to its shares, as the company reviews its forecasts.
McGrath has today lodged a prospectus with ASIC in relation to listing on the ASX.
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