yep this fund is good to have on the register on the way up.... I wouldn't be surprised if they bought the stock all the way up to $2.00
it seems the margin spread is still around 10 bps so first half should come at top end of $27 million unless management sand bags it with extra provisioning for a rainy day
if spread stays the same for second half, profit could be higher than first half since it will benefit from new originations through out the year !!
This company is as cheap as they get for a growth stock !!
News: RMC Resimac Group Takes Controlling Stake In IA Group, page-6
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Last
90.0¢ |
Change
0.040(4.65%) |
Mkt cap ! $360M | |||
| Open | High | Low | Value | Volume |
| 87.5¢ | 90.0¢ | 87.5¢ | $90.32K | 101.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14112 | 89.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 3712 | 1 |
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| Last trade - 15.29pm 27/09/2024 (20 minute delay) ? |
| RMC (ASX) Chart |