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Firstfolio to face default on CBA funding if capital raising fails

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Australian Broker | 26 Feb 2013, 08:00 AM Agree 0
Following less-than-stellar half-year to December financial results, Firstfolio Ltd risks losing out on its CBA funding if it can't manage to raise capital by June
  • Suspicious | 26 Feb 2013, 10:49 AM Agree 0
    Perhaps a CBA strategy to increase their aggregation footprint??
  • Suspicious | 26 Feb 2013, 10:51 AM Agree 0
    Perhaps a CBA strategy to increase their aggregation footprint??
  • QLD Broker | 26 Feb 2013, 11:45 AM Agree 0
    Maybe if FFF had something to offer brokers they would be more successful in both retention of income which goes hand in had with keeping current broker levels, with an increase via natural means rather than just buying another book. I think if FFF took a survey of the people employed via the books they have bought they would see where their problem of rentention come from
  • Jim Adams | 26 Feb 2013, 04:32 PM Agree 0
    Dear me these guys bought Club. That was a dog of a book. Look at what has happened.
  • oldBroker | 27 Feb 2013, 11:44 AM Agree 0
    Love to know what the $29.3M 'director related entity' is.
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