Ann: Plenti and NAB strategic partnership announcement, page-8

I concur with CMJR's post that as far as I can see they have hit their prospectus forecasts (albeit they were only provided for a short term) , have more than doubled their loan book, haven't missed guidance, and have a high quality credit book. And no dilutive capital raises. Compare that to MME, WZR etc - Yes the market valued fintechs at materially higher multiples than today but that is hardly "deceitful". I think this is the best quality fintech on the ASX in my view but it needed a catalyst to re-rate and with the NAB deal we have one. Their cost to income ratio continues to go down, growth is strong, credit quality remains best in market of the non-bank lenders, and they are clearly doing something that NAB couldn't do on its own.

I also lend into their retail platform and it's been a good experience for me at decent returns.

You mention missing targets though - what specifically are you referring?

I'd be delighted if it gets to your $1.60 target, as I have averaged down and I'd be well up if it does