I should also mention - even if FSA maintain a 40% market share in the DA/Bankruptcy space, that's a massive cash cow. Not much of a capital requirement to fund it...
Works very well with the loans business, provided they're strict in their lending criteria. Deliquency rates suggest as much.
Management gets the tick from me - even if they are a little conservative.
Ann: AGM Presentation 2016, page-16
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