However, the base at the lifestyle business is already quite large so that is one on the growth path. Second thing, you see the whole corporatization value and you see that an investor of what we had today was in the Raymond Limited you had both the businesses of lifestyle and real estate. Now both are separate, so you have a very pure play net debt free listed entities.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of