Resilient: back on track
The mall owner has cleaned up its balance sheet, but winning back its darling status might be harder
Resilient Reit shareholders, who have taken a colossal knock on both capital and income growth, will no doubt welcome the prospect of inflation-linked dividend increases next year. However, analysts say investors shouldn’t expect a meaningful recovery in the company’s share price anytime soon.
Resilient’s share price is down 60% since early 2018 following accusations of insider trading and share price manipulation.