It is a possibility that Westpac will pull funding from Money3. NAB already taken a step to not fund pay day lender. This pressure would affect Westpac and other banks.
When this happened, Money3 will turn to shareholders to raise the fund which dilute the shares further. It's not a good sign for the pay day lending industry in general. I would stay out of this one until the dust settles mid year.
It is a possibility that Westpac will pull funding from Money3....
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Last
$1.03 |
Change
-0.015(1.44%) |
Mkt cap ! $214.5M | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.05 | $1.03 | $194.8K | 186.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 7971 | $1.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.04 | 6183 | 15 |
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| Last trade - 13.53pm 11/07/2024 (20 minute delay) ? |
| SVR (ASX) Chart |