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Anyone have an idea of profit margin for the fido...

  1. suhm
    923 Posts.
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    28/09/12
    18:24
    Post #: 10788458
    Anyone have an idea of profit margin for the fido product.

    Looking at the fee structure it is the 2.50 forthnightly fee and 3 monthly fee. So 101 per year. 30 origination fee that goes to the retailer.

    So equivalent to 10% interest p.a. for a 1000 product which isn't really that high. Wondering how tsm makes money from this unless they get a commission from the retailer on top of it.

    TSM Price at posting: 18.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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