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"Historically float income made up to 33% of the Group's income...

  1. barbal
    3,176 Posts.
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    25/02/21
    09:30
    Post #: 51308662
    "Historically float income made up to 33% of the Group's income from transactions. It is our goal to replace this lost income
    by providing new services and new fee structure to attract higher fees and more clients (see details below)"

    So they rely on good interest rate to get a return which makes up 33% of income, am i reading this right?
    IP1 Price at posting: 4.5¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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