For fear of repeating myself, the key metric in this business is the size of the loan book in determining enterprise value (assuming the quality of the book remains consistent). This is up 23% from the last quarter, and nearly 3.5 times greater than the same time last year. At this rate we'll see the $1bn loan book target within the next 12 months, and with it a SP of ~50c...and positive cash flow for those who continue to insist on it.
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For fear of repeating myself, the key metric in this business is...
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