SVR 2.23% $1.10 solvar limited

Ann: Market Update, page-5

  1. 1,424 Posts.
    It's a shame retail punters have to guess what's happening in the background. Thorney who hold around 10% wield quite a bit of power. Seem to operate by stealth. Just using the growth in the loan book and projecting that growth it's apparent that the available funds would be all but dried up. It would make me psychotic if a placement was done now to fuel growth.
    I have sold down in anticapation of Mny being split into two listed entities. And the resultant sell down in the unsecured business. Mr Bryant is a good operator , sometimes it pays to back the jockey.
 
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