Business
Plenti (ASX:PLT) share price soars 5% after solid first half results // Motley Fool Australia
The Plenti Group Ltd (ASX: PLT) share price has shot out of the gates this morning after the lender announced its half year FY21 results for the 6 months ended 30 September 2020.
Plenti listed on the ASX on 23 September 2020 at an offer price of $1.66, but prior to today its shares had sunk more than 30% from the offer price. However, the company’s results reveal it has exceeded its prospectus forecasts, and the Plenti share price is up 5.7% to $1.20 per share at the time of writing.
About Plenti
Plenti is a fast-growing technology-led consumer lending and investment business. It seeks to provide borrowers with efficient and competitive loans, delivered via simple digital experiences.
Plenti has funded approximately $870…
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