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NRMA interim profit update

Our earlier article below on NRMA’s likely half-yearly profit result reported analysts’ predictions that it would be between $25 million and $50 million. The Australian Financial Review today reported  “market sources” are tipping a profit of less than $5 million.

That would be a devastating result for the company, which would have to achieve near miracles to meet its prospectus profit forecast by June 31. All will be revealed on Friday.