RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Its not goin to go past 6 cents until the nextIt would sure be nice to know what sort of leverage ratio they plan or hope to use going forward. For all we know it could be as high as 20:1.
It is nice to see some big buyers hitting the asks over the past few weeks. Presumably these buyers already have profit models and share price growth forecasts developed. Perhaps they think with Peak's recent accomplishments, that the risk/reward balance is telling them to start loading up right now. Who knows.
I'm pretty sure the announcement of a low interest rate facility, when it comes, will cause the share price to explode higher.
Nakate wrote: Once it is shown that the money being lent is making money and that the loan loss's are trivial in comparison to the income generated the thing the company will need is more of its own money to lend. Once that income that is generated can be converted into a yeild equivalent the company can go to the market and offer to sell bonds with a lower rate or particpate in some kind of carry trade where they borrow money from a central bank like the BOC at a very low interest rate leverage it 10-1 and then lend out.
Start the presses :}