Spot on. I think they're likely earning very little with AirPlus. I am not a huge fan of lending, because it demands capital, but I still think they're missing out not rolling a lending solution other than backed by cards. If they don't want to develop SPX as a lender, they could use their prime access to originate loans for a third party lender. Brokers get paid very well...
Not clear how these folks will make any money, but they don't seem to care anyway...
10m Dump at .006, page-55
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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 |
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| SPX (ASX) Chart |