yes hopefully sets the scene for a good day, it's reassuring to know at least there's no punitive action from them like was seen with the pay day operators
i don't really buy the taking it private thing, you would lose access to a good source of fund raising and it would likely damage a delicate reputation. Whilst there are obviously benefits for buying the remaining 20-25% on the cheap my focus would be on the regulators at the moment regardless
a company that charges 2000% interest IS NOT a peer of a company that charges 50% interest, on that basis we are closer to Lloyds and Barclays, that's what makes you more-wrong...
to be fair i think someone like Richmond would have view of the results before the board LOL They might well not be positive, in fact by the guidance i would expect to see significant reductions in new loads approved etc. We have accepted that ongoing this will be much less profitable and the dividend ultimately reduced but even half the current levels of profitability and dividend spell a good picture at these prices!?
I'm not sure it would be in Richmond's interest to buy given the issue with the free float. Granted if you wanted to take it private or take advantage of the current SP you would but the fact we've dropped makes me think otherwise?