I fully agree with your comments @Klogg. If they get the car...

I fully agree with your comments @Klogg. If they get the car lending product right, then it’s a game changer for this company. The customer base is already there, thanks to the debt agreement business.

I was given the impression at the AGM that they are taking a slow and steady approach in growing the loan pool.

The existing lending facility with Westpac expires in June 2017 so I expect they will need to update the market in a few weeks. I am looking forward to hearing that Westpac have approved a much larger lending facility to accommodate the new car loans to be written in the next financial year.