The differentiating feature of this stock was that it was the only P2P lender with a retail licence.
But they have alienated investors with their caps on interest rates. If this dies (already in a coma) and they use wholesale funds PLT is just another broker.
This was a fleecing type IPO (clue - Bell Potter) rather than rewarding investors like APT did. Min 15% load
Infrastructure for retail deposits - 50%
loss of goodwill with investors -20%
my target price 65% of 1.66 = 0.58
my opinion, not financial advice, bla, bla, bla
IPO - Plenti Group Limited, page-198
-
- There are more pages in this discussion • 112 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
66.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $115.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.17pm 05/09/2024 (20 minute delay) ? |
| PLT (ASX) Chart |
Day chart unavailable