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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Last
$1.06 |
Change
0.010(0.95%) |
Mkt cap ! $226.0M | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.07 | $1.05 | $30.06K | 28.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 62309 | $1.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 215 | 3 |
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| Last trade - 12.24pm 08/07/2024 (20 minute delay) ? |
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