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Numeria Leasing

'Our shares are under valued' says CEO

SmartPay looks to raise NZ$6mln in redeemable preference share sale paying 10% to repay debt now paying up to 17.95%

30th Mar 11, 4:44pm

by Gareth Vaughan

SmartPay looks to raise NZ$6mln in redeemable preference share sale paying 10% to repay debt now paying up to 17.95%

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One of the saddest lessons of history is this: If we've been bamboozled long enough, we tend to reject any evidence of the bamboozle. We're no longer interested in finding out the truth. The bamboozle has captured us. It's simply too painful to acknowledge, even to ourselves, that we've been taken. Once you give a charlatan power over you, you almost never get it back.

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