PLT 1.88% 78.5¢ plenti group limited

IPO - Plenti Group Limited, page-65

  1. 20,253 Posts.
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    If you don't want to manage your individual loans yourself then ASX:QRI is probably the way to go. It's on around an 8% discount to NTA & paying about 6.7% with distributons on a monthly basis.
    Pre COVID-19 it was trading at or slightly above NTA of $1.60 so a bit of a capital gain going forward as well.
    QRI have zero arears or impairments on their current loan book, update released today.
    Almost all their loans are 1st mortgages.
    I hold QRI.


    So coming back to the original point I really can't see the point in investing in the Plenti marketplace now unless they remove the interest rate cap.
    Last edited by Tarvold: 16/09/20
 
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Last
78.5¢
Change
-0.015(1.88%)
Mkt cap ! $137.6M
Open High Low Value Volume
80.0¢ 80.0¢ 78.5¢ $29.25K 36.71K

Buyers (Bids)

No. Vol. Price($)
1 726 78.5¢
 

Sellers (Offers)

Price($) Vol. No.
79.0¢ 894 1
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