the last series of acquisitions is lessening the reliance on...

the last series of acquisitions is lessening the reliance on salary packaging. i am hopeful that the half yearly will provide more insight into the way the business is changing. They now have a big slice of auto finance and a large distribution network through brokers and dealers for finance and insurance. As long as they can retain access to funding lines i am confident that they will do well as they are in higher margin offerings and will be well placed to push product down their distribution channels much better than banks or insurance companies can. They are funded by banks and banks are lazy and not good at dealing with customers. MMS are well placed to provide what customers want and then get the lazy banks to fund it at a wholesale level.