20 cent party, page-324

Look at the YOY growth of JDO's loan book. Only a matter of time until NOV obtains RADI, ADI & starts loaning funds to RKN's 114k customers. May even have JDO acquiring a post-IPO NOV bank in future or a merger.

Judo Capital Holdings Limited (ASX: JDO) (“Judo”) today provided an update on its loan book as of 31 March 2022.

Judo’s closing balance for gross loans and advances (GLAs) as of 31 March 2022 was $5.34 billion. Judo’s Deputy CEO and CFO Chris Bayliss said “We are pleased with our lending growth of $495 million for the Mar-22 quarter, which is almost double our growth of $253 million in the
Mar-21 quarter. Typically, growth is slower in the March quarter following the holiday period, however our strong growth in February saw us deliver quarterly growth that was ahead of our expectations.

“We remain confident in achieving our prospectus forecast for GLA of $6.0 billion by 30 June 2022, underpinned by our current lending balance and our pipeline of approximately $1.1 billion.”