RXP rxp services limited

Strong buying an indication of solid results?

  1. 127 Posts.
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    This is pure speculation, however strong buying activity several weeks out of financial year end may indicate expectations of a FY20 result at the top end of guidance.
    Guidance was "EBITDA largely in line with FY19", which at c$17m implies FY20 EBITDA multiple of 4x or a 25% pretax return on invested capital.
 
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