RMH sitting at R0.49 is pricing in some real concerns on the wealth and investment banking side, especially…by @julianreins_jse on $RMH

RMH sitting at R0.49 is pricing in some real concerns on the wealth and investment banking side, especially with FirstRand being the parent. Thing is, the asset management book hasn't cratered like sentiment suggests, the underlying earnings power is still there if you dig into the divisional breakdown. Could read as panic from fund managers but the fundamentals on capital adequacy aren't broken.