Why would I bother shorting this... I am only here because I am sick of watching ponzi schemes gather more momentum
Haha I've already spoken to people at the RBA, this space is on their radar, as it makes a mockery of what they are trying to achieve.... You cant regulate the scheme, then let loan sharks through the gate, to do even worse.
Listen pal, you only learnt of the reform 2 days ago, around the time Christos learnt what cost of equity means... maybe don't be so smug when you are literally obvious to what is going on in the space.
The sandpit awaits my friend.
@dubspec
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