PSC 5.21% 9.1¢ prospect resources limited

Hi scottdog, I had this discussion with the commonwealth bank a...

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    Hi scottdog, I had this discussion with the commonwealth bank a few moths ago. They said they would only give margin loans for ASX 200 companies. and only up to 40 percent value of holdings. Or up to 80 percent for ASX 20.(eg Commonwealth Bank) So I don't think they would consider PSC with small market cap. Interest rate was around 8 percent and they will call their loan back if share price drops. So be careful with margin loans and do your research. And as they all say "don't spend more than you can afford to lose". But PSC is looking great. I've been trying to buy in this week, so hoping for a price drop. And good luck to all holders.
 
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