Those in and out numbers must relate to invoices that are repaid and issued, say monthly. So $24mio per quarter is about $8mio per month if strictly monthly. Which is in the ball park. Invoice finance is very unlikely to return 20% though. That is more for the BNPL product. 1% per month I’d say, roughly. So again it’s then in line with your 2.6% per quarter. Then you’d ask where is that 20% yield then?? Don’t know. We need to see a breakdown of that loan book by product (BNPL, invoice finance, anything else???). Generally as a lender now, they’ll need to hive a more precise view of their lending activity and how that relates to financials. Are they at all provisioning for credit losses? How much? They’re going through a massive transition from a tech to a lending business and they must up their game. It’s all very messy right now.
re acquisitions, I got to say, the prior pump and dump make it all look very dodgy. I fear this will be something new financiers for the DW will look into. I’m trying to forget about it but it does not shine a good light at all on the management.
- Forums
- ASX - By Stock
- SPX
- It's just the beginning for Spenda!
It's just the beginning for Spenda!, page-231
-
- There are more pages in this discussion • 15,229 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPX (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $38.92M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 0.9¢ | $6.453K | 655.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 6012211 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 1273575 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 5602211 | 0.009 |
10 | 1586113 | 0.008 |
13 | 12254654 | 0.007 |
10 | 7685000 | 0.006 |
10 | 10750001 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 1273575 | 5 |
0.011 | 2314742 | 8 |
0.012 | 6022690 | 12 |
0.013 | 4686505 | 10 |
0.014 | 2424427 | 7 |
Last trade - 14.17pm 02/08/2024 (20 minute delay) ? |
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
SPX (ASX) Chart |