Interest on loans made by MASS-SPECC will flow to MASS-SPECC. If PIL's AI capabilities are used to assess the loan applications then there should be a fee earned by PIL for each application regardless of whether it is approved or not.
A prerequisite for approval of a MASS-SPECC loan will probably be the borrower's registration as a user of the Pinoy Co-op App. All subsequent transactions connected to the loans, like monthly repayments ,will need to be processed through the app. Each of those transactions will earn PIL a 10c fee.
If PIL issues loans under the Bizmoloan brand then all of the interest margin will flow to PIL.
Interest on loans made by MASS-SPECC will flow to MASS-SPECC. If...
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Last
1.4¢ |
Change
-0.002(12.5%) |
Mkt cap ! $29.69M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.4¢ | $22.44K | 1.495M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2053857 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 48500 | 1 |
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| Last trade - 15.57pm 14/05/2024 (20 minute delay) ? |
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Last
1.4¢ |
Change
-0.002 ( 15.2 %) |
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| Open | High | Low | Volume | ||
| 1.5¢ | 1.5¢ | 1.4¢ | 451328 | ||
| Last updated 15.53pm 14/05/2024 ? | |||||
| PIL (ASX) Chart |