SIV 0.00% 16.0¢ siv capital limited

What a quality article. I went to a Silver Agm about 4 or 5...

  1. 1,419 Posts.
    What a quality article. I went to a Silver Agm about 4 or 5 years . The former ceo and founder mixed it with shareholders after the Agm. I quired him as to wether siv's customers actually understood the concept of cost of capital.He said I was looking at the whole thing the wrong way. It was about how much additional profit that the customer might earn if they bought the asset funded by siv. Baring in mind the not insignificant commissions paid to vendors of assets. He struck me as a remarkable salesman.Not sure the GoGetta customers are getting a good deal.
 
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