RMC 3.11% 93.5¢ resimac group ltd

The sector in general has taken a beating over the last 3 months...

  1. 104 Posts.
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    The sector in general has taken a beating over the last 3 months

    RMC down ~37%
    PPM down ~22%
    LFG down ~21%
    ASX200 XFJ index down ~7.3%
    Banks XBK index down -~10%

    I would say RMC is the riskiest of the above list with its ownership structure and liquidity issues, hence probably the sharper mover downwards (but sharper moves upwards also).

    Interestingly, if you zoom out a bit further to the LFG IPO date - both RMC and LFG are both down almost exactly ~17% and following the same general trend. Make of that what you will

    https://hotcopper.com.au/data/attachments/3851/3851738-32661abd1b01a1ea4681845537b7e81e.jpg

 
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