Resimac Group Ltd traded at 1.29 this Friday August 5th, increasing 0.02 or 1.18 percent since the previous trading session. Looking back, over the last four weeks, Resimac Group Ltd gained 7.08 percent. Over the last 12 months, its price fell by 46.68 percent. Looking ahead, we forecast Resimac Group Ltd to be priced at 1.31 by the end of this quarter and at 1.22 in one year, according to Trading Economics global macro models projections and analysts expectations.

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Resimac Group Ltd
Resimac Group Limited is an Australia-based company engaged in residential mortgage and asset finance lending business. The Company is focused on distributing prime and specialist products across multiple channels. The Company primarily operates in Australia and New Zealand, originating a high-quality loan portfolio, loan servicing capability, and global funding program. It offers a full suite of lending products to consumers and commercial borrowers across its wholly owned subsidiaries. These products include residential home loans, consumer finance, and small and medium enterprises (SME) finance. The Company also offers home loans directly to consumers via its brand, with a range of smart and transparent home loan solutions that borrowers can apply for using its end-to-end online application. The Company's wholly owned subsidiaries include RESIMAC NZ Home Loans Ltd, RHG Home Loan Pty Ltd, The Servicing Company Pty Ltd and others.