RMC 0.00% 80.0¢ resimac group ltd

Ann: Half Yearly Report and Accounts, page-141

  1. 183 Posts.
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    HY24 is $20.4m but losing -$2.3m in NZ. Adding back so about $23m = FY24 $46m. PE 6 = $276m market cap. Market cap $342m = share price has to go down.

    Why did the CFO quick?
    Why before results share price makes a new low?
    Why are Big Banks generally all up small cap financial services all down?

    Risk: Australian business goes backwards even more. Don't fight the market wait to assess FY results and then make better decision!
 
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