Resimac's "announcement" to stop taking new business in New Zealand is still causing waves in the market. Part of the reason is the lack of explanation from the company about its decision.
It seems people are trying to get information but to no avail. Clearly the listed parent company doesn't think it's a big issue as it has not even announced the move on the ASX.
Today we talk to Resimac's biggest supporter in New Zealand for his views on why Resimac closed. Hopefully one day soon the company will respond to our request for comment.
Happy Matariki all.
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