@mal85 This was always the only thing I worried about. Regulation risk. Still can’t see how their business will get affected as you can’t put them in the same bucket as payday lenders. It’s good that both the ASIC report and now Senate inquiry is coming as we can put this “risk” to bed soon.
I have a big exposure so likely won’t be adding but I’ll watch and see if it comes back below $10 tomorrow and might re asses. The company might respond tomorrow but it won’t be unlike them to just ignore and address everything at the AGM. Share price might be under pressure for a while.. this ASIC report is now key and Senators will be looking at that to lead them