Yeh I remember that back when 4 corners did a big story on the industry and Cash Converters was comming undone.
There is a brand there in Nimble much like wallet wizard. In fact, both use the same advertising strategy of quirky brand mascots. Would they just throw that away? Maybe they would just transition away from the 'small loans' part of Nimble, which are expensive 'payday' loans.
I hope they don't pay much for the goodwill either. Though I do think they would bring that brand into the stable. You might be right though, and yes I am comming around to your thinking of just stripping the business at a recoverable value price. I dont think the vendors would be feeling tge same way though!
We will just have to wait and see. My money is on a purchase and moulding it into a Wallet Wizard template retaining and sustaining the brand which, judging by the almost constant marketing, has had a lot invested into it.
Look on the bright side, if CCP buy Nimble that guy in a bunny suit with be less evil because the product isn't as preditory.
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- Ann: Credit Corp Group H1 of 2018 Results Presentation
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Ann: Credit Corp Group H1 of 2018 Results Presentation, page-51
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$13.20 |
Change
0.290(2.25%) |
Mkt cap ! $898.4M |
Open | High | Low | Value | Volume |
$12.89 | $13.30 | $12.70 | $7.519M | 570.1K |
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No. | Vol. | Price($) |
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1 | 2000 | $13.18 |
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Price($) | Vol. | No. |
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$13.24 | 3024 | 2 |
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No. | Vol. | Price($) |
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1 | 42 | 13.100 |
1 | 2000 | 12.770 |
2 | 1714 | 12.700 |
1 | 1000 | 12.680 |
5 | 940 | 12.500 |
Price($) | Vol. | No. |
---|---|---|
13.300 | 500 | 1 |
13.310 | 1477 | 1 |
13.380 | 1314 | 1 |
13.500 | 813 | 2 |
13.580 | 300 | 1 |
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