Thorney fund likes the look of Money3

Alex Waislitz’s private Thorney Group yesterday took half of a $30m bond issue by listed payday lender Money3.

Sharemarket watchers keen to see the next move by Alex Waislitz’s listed Thorney Opportunities fund after its investment in NBN contractor Servicestream late last year got a clue yesterday when his private Thorney Group took half of a $30 million bond issue by listed payday lender Money3.

While the $15m issue was taken by Thorney Group and associated entities, there was speculation some of it would end up in the hands of the Opportunities fund, which boasts a colourful share register of high-net-worth individuals.

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