SPX 14.3% 0.8¢ spenda limited

Comments like this just show how much you struggle to comprehend...

  1. 514 Posts.
    lightbulb Created with Sketch. 195
    Comments like this just show how much you struggle to comprehend anything past your small business mentality and expectations.

    Cirralto are currently using their own money in the bank to fund loans, as they do not pay a fee for borrowing the money. This means that they make more profit but limits to how much they can lend out. This means that they are choosing quality clients for these loans that would be lower risk, keep in mind that clients that will come under the debt warehouse funding could be subject to Cirralto, possibly Invigo and Neu Capital... It wouldn't just be a Cirralto decision.

    While funding their own lending, they also have to keep the lights on and pay staff.

    If they over capitalize, lights are off and you muppets will rejoice.
 
watchlist Created with Sketch. Add SPX (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.001(14.3%)
Mkt cap ! $34.59M
Open High Low Value Volume
0.7¢ 0.8¢ 0.7¢ $64.31K 9.106M

Buyers (Bids)

No. Vol. Price($)
7 8573128 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 3815894 9
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
SPX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.