Yeah, had a quick look at this. Sure, there is a gap in the...

Yeah, had a quick look at this. Sure, there is a gap in the market that PGL wants to fill but the worry for me would be the quality of the loan book, particularly in tough economic conditions.

Their reference to wantng to get to “premiumisation” of product in simple language is - want to get out of high risk loans to better quality loans that I am sure the banks would target well. For me, their risk book is the real worry.