liberty is a trust and no tax, adjusting for tax, liberty is around trading at 11X and its not a discount.
see numerous AFR articles proving this point.
the dividend yield of 3% is very skinny for an ASX bank. all the majors and smaller banks have yields of over 4.5-5% forecast.
Street TalkLiberty multiple guides way for Pepper Money return
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liberty is a trust and no tax, adjusting for tax, liberty is...
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