Money3 Corporation Limited (ASX:MNY) will look for acquisitions. Managing Director and CEO, Scott Baldwin, said "So when we write a new loan and the book grows, we will have an upfront provision as a result of that new loan, which means you can expect that normalization to come through the P&L. We have a large amount of headroom, $300 million that through our capital management plan gives us lots of optionality in terms of growth organically, acquisitions, buybacks or dividends. So it puts us in a very strong position that way".
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0.94 AUD | 0.00% | -0.53% | -28.79% |
18/03 | Solvar Limited(ASX:SVR) dropped from S&P/ASX 300 Index | CI |
18/03 | Solvar Limited(ASX:SVR) dropped from S&P/ASX Small Ordinaries Index | CI |
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1st Jan change | Capi. | |
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-28.79% | 131M | |
-8.78% | 49.45B | |
-6.71% | 30.26B | |
+48.27% | 26.46B | |
+26.81% | 24.88B | |
+19.74% | 18.36B | |
+0.68% | 12.76B | |
+14.30% | 10.55B | |
+12.66% | 7.99B | |
-30.25% | 7.34B |
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