Fair comment but SUM other retirement companies are looking at Australian expansion too :) RYM at $11.30 are on a 2018 underlying PE of 28.25.
Getting a bit ahead of itself ?, you folks be the Judge.
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Sold out this morning. Well ahead of itself.
Be good if OCA did a 1 for 5 ——- we could then have a 1 SUM = 1 OCA and both 50% of RYM as a guideline.
Taking RYM out of the discussion I reckon the market is saying both OCA and SUM are both valued about right at the moment.
That’s assuming OCA full earnings $54m
any indication of the DIV being able to be reinvested?