We never had crazy lending like that up here, you always had to demonstrate an ability to pay back a loan before they'd give it to you ... with people you know well you get a little fudging maybe, a tweaking of this rule or that, but it's only because you have the history and assets to back it up, plus they still need full documentation to cover their ass ... this has been my experience anyway, of course i'm always going for the absolute knockdown lowest rate possible, so have to toe the line ... heard a few stories of others doing 110% financing, but they had to lie to somebody somewhere, also they paid through the nose for it, and with the mildest cash flow crunch they go down
wgi.to - INK Research is showing Investec with 7m common and 3.75m warrants, no changes no trades ... of course they aren't required to file right away, so you don't know ... wgi/wgw has zero insider trading by anybody in the last twelve months, kind of unusual in that regard, all it showed last year was buys the year before by Oliphant ... do you know the exercise price and expiry for Investec's warrants? - if that rumour is true then the only way they can sell near 11m is to exercise them ... their selling would explain pressure on the stock, for sure
usa.v - i like this a lot too, better than wgi at the moment imho, set to outperform once PMs get back on track, if they can execute the way it appears they are so far ... just need silver to take us to that happy place, won't be too long now |
