McGrath shares halted pending announcement after $25.5m loss – The Sydney Morning Herald

Embattled real estate agency McGrath will release a statement by Monday addressing recent media speculation about incoming executive chairman and founder John McGrath. The company requested a trading halt on Thursday morning, after delaying a conference call with media and analysts to discuss its half-year results. Real estate identity John McGrath has been in the…

McGrath gambling questions should be resolved: investor – The Sydney Morning Herald

Questions surrounding real-estate identity John McGrath’s online gambling debts should be quickly resolved, a significant investor has said, so the company can hold focus on “turning the business around”. Fairfax Media revealed on the weekend that Mr McGrath has a $16 million gambling debt to a betting company run by bookmaker Tom Waterhouse, prompting shares…