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FGL sitting at R0.90, balance sheet's gotten thinner. Micro-lending's brutal when credit demand drops and d…by @k_maphosa on $FGL

K.
K. Maphosa@k_maphosa·Bearish

FGL sitting at R0.90, balance sheet's gotten thinner. Micro-lending's brutal when credit demand drops and defaults climb, ask Bayport how that's been going. Need to see actual recovery in advances before touching this one ngl.

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