The hockey stick growth in the car loan business in a rising interest rate environment along with ASIC sniffing around the sector has rattled some funds. It looks like PIE are exiting the stock altogether. The market is also questioning whether they can secure funding as it's been going on and on. Happy to sit back and watch. Still hold a position but have sold down from $1.80. The half year report was excellent but it got caught up in the small cap destruction.
MNY Price at posting:
$1.44 Sentiment: Hold Disclosure: Held
