I agree with Dragonz, now is the time to get on board for sure. Following the capital raising they now have funds for more aquisitions, their lending book is now approaching 20 billion and lending has been strong in the december quarter. Management have big plans for the venture into the health fund provider that they recently announced and will be offering discount loans to those members - their lending numbers should grow on last years. I expect the company will grow their lending book and then sell the company off to the highest bidder. ie One of the big four banks or an overseas player who wants to get some exposure in Australia. The overseas banks all pulled their heads in during the GFC, but with things in the EU and Middle East not looking so good they will certainly be back to invest in our well regulated and pofitable market in the next year or so.
These emails are for entertainment purposes only.
FFF Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
