But the really big question is are we going to start a new thread or modify the existing one?
The really big question is why the restructure in the first place......free trips to aussie for directors maybe.....or is it the chance to buy a reverse mortgage from one of the two or both of macquarry or bank west that have stopped issuing new reverse loans to its customers
The really big question is why the restructure in the first place......free trips to aussie for directors maybe.....or is it the chance to buy a reverse mortgage from one of the two or both of macquarry or bank west that have stopped issuing new reverse loans to its customers
Or is it so that the new ticket code doesn't have the history of collapsing from $2.10ish down to $1.50ish returning to where it was two years ago.
yeh if Scotty is around then he could do it or indeed the admin
So I thought it was pretty clear why they restructured and fully explained within the thread...essentially - from my recall - so that they can grow the Australian reverse mortgage without the restraints of supervision.
yeh if Scotty is around then he could do it or indeed the admin
So I thought it was pretty clear why they restructured and fully explained within the thread...essentially - from my recall - so that they can grow the Australian reverse mortgage without the restraints of supervision.
Organic growth may be a bit slower with aussie govt. Providing reverse mortgages all be it as a weekly payment and the property market slowing hence the buying of reverse mortgage book from other providers may have been what pushed them outside the reserve bank overseas investment rules
Or is it so that the new ticket code doesn't have the history of collapsing from $2.10ish down to $1.50ish returning to where it was two years ago.
Sad but true. Just had a look at the 2 year chart and you're dead right. Actually the shape of the chart bears a startling resemblance to the shape of Mt Taranaki. https://www.bing.com/images/search?q...E5&FORM=IQFRBA maybe because Mt Taranaki is heartland N.Z. or perhaps because it got a LONG way ahead of itself at the summit at $2.14.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Sad but true. Just had a look at the 2 year chart and you're dead right. Actually the shape of the chart bears a startling resemblance to the shape of Mt Taranaki. https://www.bing.com/images/search?q...E5&FORM=IQFRBA maybe because Mt Taranaki is heartland N.Z. or perhaps because it got a LONG way ahead of itself at the summit at $2.14.
Just as well some sites bring bring the history so we will see the complete head and shoulders with HGH at 130/140
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Originally Posted by peat
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