MME 2.22% 11.5¢ moneyme limited

I'm looking at the trend lately (last 1-2 years). The business...

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  1. 6,249 Posts.
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    I'm looking at the trend lately (last 1-2 years). The business went from extremely leveraged, to now less so. From NTA being 1% of loans, to now being more decent (5%+ from memory). It feels less risky than previously, and now with less interest due to PEP (cut down to $50m outstanding, and a lower IR now, but still high).

    Accumulating interest on commissions - I'm happy about that if it means paying eg. 7% interest, but using the cash to pay off the 13-15% PEP.



    Some chance of a rate cut at the next meeting:

    https://hotcopper.com.au/data/attachments/6379/6379690-7269b136bf26c1d91045134c426c648f.jpg

    Expectations of a decent fall in the next year:

    https://hotcopper.com.au/data/attachments/6379/6379694-8e271c56f3181c531f5122964009872a.jpg


 
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