MOC
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0.00% $1.95 mortgage choice limited

"would be heavily effected by any downturn in property market...

  1. kiril
    2,892 Posts.
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    21/07/12
    18:34
    Post #: 10465058
    "would be heavily effected by any downturn in property market and mortgage stress so entry point needs to be attractive"

    I disagree. The majority of its earnings comes from ongoing trailing commissions from mortgages already on its books.

    I always thought CBA would take out the company after they inherited a large stake resulting from their Count purchase.

    Kiril
    MOC Price at posting: $1.39 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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