RTN Trading Statement Neutral
REX TRUEFORM GROUP LIMITED - Trading statement
Rex Trueform Group Limited
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What this filing means
Rex Trueform has issued a severe trading statement projecting a 98.2% collapse in headline earnings per share, heavily contradicting its extreme current market valuation.
Bull case
- No credible bullish arguments can be extracted from this filing, as core profitability has almost entirely collapsed.
Bear case
- Earnings per share are expected to swing from a 97.2 cents profit in the prior period to a 14.6 cents loss.
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