Ann: DirectMoney Secures Wholesale Funding Deal-DM1.AX, page-7

As per my previous posts, I really didn't like where they were heading, become a cash grab on holders each time they run out, and the wholesale funding never eventuated.

They have obviously been working on it in the background, and finally got the funding, have now turned this around, constraints on cash hold will now be eliminated and for this type of business is paramount.

Definitely on the watch list after a disastrous fall in SP, would like to know the $$ allocated from the funder, hopefully it is more or less open ended, subject to performance going forward.