Australia's largest stock trading and investment forum Australia's #1 stock forum

PLT

Click for more information

0.69%

72.5¢ plenti group limited

IPO - Plenti Group Limited, page-24

First 24 Last

Share
Profile

Follow
TopCop

223 Posts.

59

07/09/20

09:52

Post #: 47133417
Share

Originally posted by holman8a: ↑

I think this would be correct if they were still funded primarily by retail investors, however with their warehouse facility they become more 'traditionally' funded. These facilities typically use tranches where PLT would need to put up capital to cover the first component of losses.

As has been reported, their key USP as a business is their diversification of funding sources. I like this as too much concentration in funding can create issues especially in volatile times.

Expand

Thanks Holman,

That makes sense, did they refer to the split of funding between retail / wholesale ?

I wonder this change because they were getting more demand than what retail investors could satisfy

PLT Price at posting: 7.1¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 286 more messages in this thread...

First 24 Last

Add PLT (ASX) to my watchlist

(20min delay)
Last 72.5¢		Change 0.005(0.69%)		Mkt cap ! $129.2M

Open	High	Low	Value	Volume
74.0¢	74.0¢	72.0¢	$104.1K	142.2K

Buyers (Bids)

No.	Vol.	Price($)
1	6250	74.0¢

Sellers (Offers)

Price($)	Vol.	No.
75.0¢	1333	1

View Market Depth

No.	Vol.	Price($)
1	6250	0.740
1	9063	0.735
1	6250	0.730
1	8668	0.720
2	19365	0.700

Price($)	Vol.	No.
0.750	1333	1
0.755	1155	2
0.760	2000	1
0.765	18606	1
0.775	12658	1

Last trade - 12.14pm 05/06/2024 (20 minute delay)


Last 72.5¢			Change 0.005 ( 2.26 %)
Open	High		Low	Volume
72.0¢	74.0¢		72.0¢	9259
Last updated 12.14pm 05/06/2024 ?

PLT (ASX) Chart

SPONSORED BY