oldgrumpy
Member of DD Central
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Post by oldgrumpy on Mar 7, 2014 10:00:25 GMT
B****R! Only had a few speculative bids in last night, and they all disappeared except a single £20 at 14.6%
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Post by GSV3MIaC on Mar 7, 2014 10:06:31 GMT
14.6% dropped out too, if you are looking at the same one as me .. 14.2% and 14.1% were the best on offer at the close (or is my bid-bot lying to me?)?!
Oh, maybe you (OG) mean the one that is still open? - you can get 14.6% on that one if you want it.
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blender
Member of DD Central
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Post by blender on Mar 7, 2014 13:53:00 GMT
Let us spare a thought for those thousands of 'mug punters' who have contributed £106k of ballast funds at 7.9% to the loan now closed and accepted. Take off the 2.6% and it becomes 5.3% compared with the marginal 'net' rate of 11.6%. The system which generates such an inequitable results on large loans must look a bit suspect to a disinterested observer. But where would we be without spreads and reward for expertise and time spent?
I suggest they do not try selling those 7.9% loan parts for a while.
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oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
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Post by oldgrumpy on Mar 7, 2014 14:02:27 GMT
14.6% dropped out too, if you are looking at the same one as me .. 14.2% and 14.1% were the best on offer at the close (or is my bid-bot lying to me?)?! Oh, maybe you (OG) mean the one that is still open? - you can get 14.6% on that one if you want it. Aha! Looking at the wrong one. I thought I'd left a bit more than £20 on one of those the day before action day - and I did, though a few points down on max. Got my full (modest) whack at 14.0%...Weeeeeeeeeeeeeeeeeeeeeeeee!!!!
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