TGA 7.89% 20.5¢ thorn group limited

Crazy There has already been a long running investigation of...

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  1. 564 Posts.
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    Crazy
    There has already been a long running investigation of consumer lending practises by firms in the same industry as Thorn......practises are and have been changing & profits will be impacted hence the price of TGA is at multi-year lows.

    I'm sure consumers will still get into a mess with these sort of products, but big industry players are having to reduce their pricing to comply. Ultimately companies like TGA are in there to make money, but you'd think they would balance that with not been penalised (again) and also ensuring they don't get negative PR with consumers (as they are facing now).

    Not sure what your bugbear with TGA is, but plenty of companies in Aus use their size/monopolies to bilk the consumer........if you are such an advocate for ethical practises, find the fault and raise it with ASIC or ACCC.
 
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