Heard directly from the horses mouth from a leading PE fund in Australia (like one of the big ones, similar to KKR, but not them), has just kicked off going after the equipment finance/car loan - the non real estate areas of lending that the banks are abandoning. These guys only want to write $100m+ cheques minimum. Given it's a fragmented market, and COG seem to be the only one mopping them up, i think a COG would be directly on their radar. I know it was in the AFR but i've heard direct evidence of this now.
COG Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
