1st Half Result, page-30

ikj, agree with everything you say.

Perfect opportunity for traders to play on the bad press. However, this isn't news it's been bubbling away for a year or so. I also think Cash Converters operate with integrity - probably more ethical than the big four banks - yet the less well off customers its business attracts and sensational headlines (misleading) regarding interest paid will keep the pressure on until it fades to the archives as it does every 6 months! I also agree in the long run tighter regulations will be good for Cash's business picking up the slack from squeezed out sharks.

For long term holders a great opportunity to pick up more and achieve a likely 20% return in a couple of months - just wait for confirmation that 89c won't be breached or if it is look for an even better lower level to top up.