PLT 1.88% 78.5¢ plenti group limited

If you don't want to manage your individual loans yourself then...

  1. 20,253 Posts.
    lightbulb Created with Sketch. 1220
    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.
    Last edited by Tarvold: 16/09/20
 
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Last
78.5¢
Change
-0.015(1.88%)
Mkt cap ! $137.6M
Open High Low Value Volume
80.0¢ 80.0¢ 78.5¢ $29.25K 36.71K

Buyers (Bids)

No. Vol. Price($)
1 726 78.5¢
 

Sellers (Offers)

Price($) Vol. No.
79.0¢ 894 1
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