The home loan market is a completely different ball game, it might involve big numbers, but also very small margins.
Currently, if zip loans $100 and charges the merchant $7 for the service, (related costs aside) that's a 7% return on that purchase. That $100 will likely be repaid in weeks
They might lend that same $100 6-12 times over a year, equating to a gross return of 42% - 84% return P/a.
f* home loans lol
Retail sales Up, page-32
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Last
$1.82 |
Change
0.075(4.30%) |
Mkt cap ! $2.050B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.82 | $1.72 | $39.81M | 22.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 126671 | 13 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |