Lower funding costs and this further cements the growth credibility of the business. This business deserves a much higher multiple to recognise the growth and opportunity.
The exit from SACC lending may also help re-rate the stock in the future as the perception of the business becomes more ethical.
It may pull back and/or consolidate in the near term, however this stock will have a two in front of it soon.
MNY Price at posting:
$1.90 Sentiment: Buy Disclosure: Held