current value, page-10

  1. 6 Posts.
    Provided shareholders approve the sale to WBC on Monday, why wouldn't the board hike the rates up for all customers on their loan book.

    I understand the funding situation, but maybe they should force customers to run & pay the loan break fee by imposing uncompetitive rates on them. This way they won't need to source funding to keep going. It's clear the business is dead, its just a matter of re-couping as much back to send back to the shareholder.

    Any thoughts anyone?
 
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