Real estate firm McGrath has acknowledged speculation that it may be privatised and delisted from the share market, only two years after going public.
The company's shares plunged to a record low two weeks ago when it warned its full-year earnings will be lower than expected, the latest in a string of earnings downgrades.
McGrath shares were sold at $2.10 ahead of its market listing in December 2015, and were worth 51.5 cents after its November 6 trading update.
Founder John McGrath, who stepped down as chief executive in 2016 but remains a director and major shareholder, is reportedly considering privatising the company.
Chairman Cass O'Connor told McGrath's annual general meeting that the company has been reviewing its options.
"I note recent commentary of the status of the company as a listed entity," Ms O'Connor said.
"We have reviewed a number of options for shareholders, but have nothing to disclose at this time."
McGrath's sales have been weaker-than-expected in the first four months of the current financial year, particularly at its company owned agencies.
It has said this is due to lower listing volumes in most of its markets, fewer agents, and a significant slowdown in its project marketing segment, which includes off-the-plan and completed dwellings.
Ms O'Connor said on Wednesday that data is pointing to an improvement in the number of listings in Sydney and NSW, where the majority of McGrath's agencies are located.
Melbourne's market is expected to cool while Brisbane and greater Queensland have potential for growth in the years ahead, Ms O'Connor said.
"Overall, we are hopeful for more stable trading conditions across our business segments in the near future," she said.
McGrath shares gained one cent to 56 cents.
