If you don't want to manage your individual loans yourself then ASX:QRI is probably the way to go. It's on around an 8% discount to NTA & paying about 6.7% with distributons on a monthly basis.Pre COVID-19 it was trading at or slightly above NTA of $1.60 so a bit of a capital gain going forward as well.
QRI have zero arears or impairments on their current loan book, update released today.
Almost all their loans are 1st mortgages.
I hold QRI.
So coming back to the original point I really can't see the point in investing in the Plenti marketplace now unless they remove the interest rate cap.
IPO - Plenti Group Limited, page-65
-
- There are more pages in this discussion • 245 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
78.0¢ |
Change
-0.020(2.50%) |
Mkt cap ! $136.7M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 80.0¢ | 78.0¢ | $5.625K | 7.111K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 512 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 2729 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| PLT (ASX) Chart |