Well said JB1971!
John DeLano and his team are to be congratulated and an after tax EPS of 15.36c cannot be sneezed at.
I picked up my first parcel of shares at 27 cents and have been an active accumulator since.
The business model is solid and imo will do better in a tough high interest rate environment.
PLUS...to have access to capital is just brilliant as I believe they will be able to write all the business they want.
JB, just as a matter of interest, what competitors have gone by the board and who do you rank as the major competiitor (leaving the majors aside)?
Final comment: For the double in the "poverty stakes" you cannot go past FXL and FSA! Both will shine in a tougher climate and still do well when the sun is shining.
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