CGR 0.00% 7.0¢ cgn resources limited

Ann: Half Year Results Announcement, page-3

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  1. 629 Posts.
    lightbulb Created with Sketch. 35
    Wow, this company has average cost of funds of 8.5% plus, how do they lend to businesses, when their own cost of funds is more expensive than what most SMEs can get from their own bank?

    You can't stack bond upon bond and think you can run a sustainable finance company... looks like an utter deck of cards.
    Last edited by ValueTrader82: 21/03/17
 
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