JOE thanks, the 15% return on capital may be the overall current picture, existing the unsecured 48% charge on small personal loan ( currently 9.2% of total revenue ) as well as lending money for cars that is borrowed at 9% vs using own (equity) capital will also reduce profit margins, but will generate scale n volume.
So maybe on the new loan facility 150 mil with 50mil already drawn we can assume a squeeze on the margins.
MNY Price at posting:
$1.80 Sentiment: None Disclosure: Held
