Has anyone taken a look at these guys? Basically gives retail investors the chance to invest in bonds and the like that they normally wouldn’t get to.
Aims to pay a monthly dividend that is the RBA cash rate + 3.25%, can’t tell if it’s franked or not (suspecting no).
Shares were issued at $1.10 and they’re at $1.11, so no great moves but an oversubscribed placement.
Thoughts?
Aims to pay a monthly dividend that is the RBA cash rate + 3.25%, can’t tell if it’s franked or not (suspecting no).
Shares were issued at $1.10 and they’re at $1.11, so no great moves but an oversubscribed placement.
Thoughts?
