MME 3.90% 7.4¢ moneyme limited

MME Train, page-3

  1. 815 Posts.
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    i think the issue here is that im concerned about a very rapid rise in BDD given the low income and high risk lending they do. all pay day lenders like moneyme are getting slammed, and will have a tough time surviving this.

    adding to this, as a holder, im concerned about their ability to turn on a debt warehouse now, as they have claimed given a shift in the macro environment on credit.

    i dunno, im concerned a bit of bad news (thats definatley coming) could send this back to 50c... whilst at the same time have hope it could push $2 long term
 
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