"Rural Funds Management managing director David Bryant has hit back at a negative report from short seller Bonitas Research, which argues that Rural Funds Group stock is heavily overvalued.
Mr Bryant said Rural Funds had contacted ASIC on Tuesday morning to “invite them to take a look at all our records”, and is also looking for another accounting firm to examine its accounts, which have been audited by PwC.
“The report accuses us of fraud, and that comes as a surprise. We absolutely deny it. My response is that our accounts are 100 per cent accurate," Mr Bryant said.
https://www.copyright link/property/commerical/rural-funds-group-hits-back-at-short-seller-hit-20190806-p52eb8
"Rural Funds Management managing director David Bryant has hit...
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Last
$2.13 |
Change
0.000(0.00%) |
Mkt cap ! $826.9M | |||
| Open | High | Low | Value | Volume |
| $2.12 | $2.14 | $2.10 | $626.9K | 296.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2004 | $2.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.13 | 975 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| RFF (ASX) Chart |