TGA 0.00% $1.17 thorn group limited

Ann: COVID-19 Update, page-25

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,244 Posts.
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    My point was that the Announcement did not state what TGA is going to be in future, other than that it will have no bricks & mortar outlets, and hence no, or far fewer, customer-facing staff. Simply going online and reducing staff should not cause TGA to not have a loan book, unless it abandons financial leasing. CCP does all its unsecured loan business online without customer-facing staff, and yet it has a loan book.

    What is TGA going to do online to make a future without a loan book, and will it work? Are they going back to consumer renting, and if so, why did they abandon consumer operating leases recently?
 
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