I feel like +$17m to net assets is blowout. It puts us on something like PE 2, and with growing profits. Though that is speculative that the trend continues - extrapolating from this HY. It also improves the safety of the company (which was the big issue).
But the SP rose in the 2 weeks up to the strong report, and then rose less after the report.
Ann: 4Q24 Trading Update - Growth and strong loan performance, page-18
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