GMA genworth mortgage insurance australia limited

Who should catch the falling knife?, page-3

  1. 319 Posts.
    In the case of GMA, however its not fair. The company has just bought back 100 million worth of its shares. RFG has like 5 million in cash will likely need to raise capital. Genworth also reported a slight reduction in its mortgage delinquencies in the six months to December 2017, low unemployment etc.

    Lets us say if GMA was to announce a 25c special dividend tomorrow (not that they will), the share price will fly to well above $3 within a day.
 
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