Incorrect.
It's Structured funding - Banks provide the top tranche and major of the lend i.e. 80%. Then over investors come in and provide the lower tranches at higher rates given they 'lose money' first. Most would also request seller/Plenti in this case to have a seller note which they take any first losses.
Incorrect.It's Structured funding - Banks provide the top...
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Last
71.0¢ |
Change
-0.005(0.70%) |
Mkt cap ! $124.4M | |||
| Open | High | Low | Value | Volume |
| 72.0¢ | 73.0¢ | 71.0¢ | $11.23K | 15.62K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27823 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.5¢ | 1323 | 1 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| PLT (ASX) Chart |