B4P 3.21% 90.5¢ beforepay group limited

Ann: B4P Commences Trading on ASX and Provides Operating Update, page-12

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  1. 397 Posts.
    lightbulb Created with Sketch. 48
    My understanding is if they loan $50m they stand to gain $2.5m in revenue (@5%), and lose $1.5m from 3% defaults, before costs. I think that was what someone else on this forum was getting at.
 
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