PLT 3.21% 75.5¢ plenti group limited

IPO - Plenti Group Limited, page-277

  1. 1,034 Posts.
    lightbulb Created with Sketch. 169

    this is no different to La trobes on demand 2 day account, with drawing your money from it requires that another investor step in and take your position, this does not make either Latrobe or Plenti a Ponzi scheme.

    infact pretty all liquid investments rely on having other investors take over your position even Selling shares or real estate, this doesn’t make them Ponzi schemes either.
 
watchlist Created with Sketch. Add PLT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.