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
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Last
75.0¢ |
Change
0.050(7.14%) |
Mkt cap ! $130.9M | |||
| Open | High | Low | Value | Volume |
| 72.0¢ | 75.0¢ | 71.5¢ | $270.9K | 362.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13632 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
75.0¢ |
Change
0.050 ( 14.5 %) |
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| Open | High | Low | Volume | ||
| 71.0¢ | 75.5¢ | 70.5¢ | 9850 | ||
| Last updated 15.51pm 23/05/2024 ? | |||||
| PLT (ASX) Chart |