As I suggested earlier the banks and non bank lenders will have taken such a pasting during this Pandemic that they will impose stricter lending criteria.
Latitude is the first to do this and expect the others to follow suit
Investors bought this stock in a gung ho credit expansion but now you will find that a significant percentage of the existing PDL will be written off and new PDL will be hard to come by.
The growth story is effectively over.
https://www.mortgagebusiness.com.au/breaking-news/14391-non-banks-lower-risk-appetites
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Last
$15.28 |
Change
0.250(1.66%) |
Mkt cap ! $1.040B |
Open | High | Low | Value | Volume |
$15.10 | $15.35 | $15.10 | $2.455M | 161.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1905 | $15.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.28 | 868 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1905 | 15.260 |
1 | 260 | 15.240 |
1 | 563 | 15.220 |
1 | 563 | 15.200 |
1 | 563 | 15.180 |
Price($) | Vol. | No. |
---|---|---|
15.280 | 868 | 1 |
15.290 | 954 | 2 |
15.300 | 64 | 1 |
15.310 | 55 | 1 |
15.320 | 45 | 1 |
Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
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CCP (ASX) Chart |