Midday: Aus Shares In Banking Sell-off

 Aug, 23 - 2015   Uncategorized

Deal hunters are snapping up Money Convertors International (ASX: CCV) back out of a trading stop following the other days news that Westpac will pull funds from consumers who offer pay day loans. Westpac will honour the $59 million debt center still in place. However no further finance will certainly be forthcoming after a class action was served on the payday lender regarding alleged breaches of practice in Queensland. Shares in Cash Convertors are trading 6.36 per cent greater at $0.58.

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