What are people's views on the impact of low interest rates on MNY's bottom line?
Without having done a lot of research on the macro impact on MNY, some random thoughts re low interest rates:As such, I am torn between a hold and a buy sentiment.
- I think their cost of funding will decrease at a faster rate than what they charge - good for MNY.
- Big issue for people is the availability of credit and these guys have access and are hopefully being selective with whom they give it to - good for MNY.
- On the flip side, a deteriorating economy and potential increase in bad debts is not good for business - bad for MNY.
What does everyone else think?
Question re impact of low interest rates on Money3
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$1.11 |
Change
0.030(2.78%) |
Mkt cap ! $231.2M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.11 | $1.06 | $579.2K | 539.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4552 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 7291 | 1 |
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