Financial Mail: Resilient REIT -tentatively resilient, for now

While the market awaits the conclusion of the Financial Sector Conduct Authority’s (FSCA) prolonged probe into allegations of share price manipulation and insider-related trading against Resilient Reit and its associate companies, it appears that investor sentiment is on the mend. While the stock is still nowhere near its early 2018 highs of about R150 — and is highly unlikely to get back to those levels any time soon — analysts say increased appetite for Resilient shares has been driven by encouraging results, including a solid performance of the company’s underlying property portfolio. Metope CEO Liliane Barnard comments.

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