Quickfee The Chill Room, page-631

Looking at the commentary provided to DMX Funds sux months ago:
- lending against firms’ revenue has been roughly 2.5% in the Aus market
- if QFE can penetrate 10% of the US addressable market over time and assuming similar lending %, one would be looking at least $112.5m of lending.

Whoever’s been keeping a lid on the SP is betting that some retail holders lose patience and jump whilst watching other fintechs take off.

Old Bruce needs to get US lending cost reduced as a priority, assuming he needs increased lending in order to negotiate a better rate. WZR has exactly done that after two years going at it.