CORRECTION should be $30k and not $30
they are not exactly same. at the moment, high rate of unemployment and bankruptcy. FXL provides a platform that allows people to borrow under $30k. many families cannot pay back as they lost jobs or businesses bankrupted. It is too expensive to file these cases in a court. Them become bad debts. $31m is for the provision that is more than a half of the income.
The platform differentiates itself by offering unsecured loans of up to $30,000 and actually charging fees to consumers. this portion of business may be different to APT, OPY, ......
Ann: FXL - Full Year 2020 Trading Update, page-113
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85.5¢ |
Change
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Mkt cap ! $420.4M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 86.3¢ | 83.5¢ | $739.8K | 868.7K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5052 | 84.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 86.0¢ | 7500 | 1 |
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