Very disappointing of late down approx 40% for the year, however this is not a stock specific issue but the whole class (WZR, PLT) etc all down despite strong growth and even profit upgrades from PLT. The market is discounting on the basis that potential interest rate rises may impact future growth in loan demand and possible higher default rates. Neither situation appears to be very likely at the moment. Also doesn't help being connected to the Tech sector at the moment. Just have to sit on our hands while the market digests Future RBA moves. Still a strong hold long term for me.
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Very disappointing of late down approx 40% for the year, however...
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1 | 91098 | 0.061 |
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3 | 27413 | 0.058 |
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