If +$17m to net tangible assets is real for the half year, then that's a strong positive (for the lenders too).
Net Tangible Assets would have a very significant jump, from low to reasonable.
If might take the annual report for that to sink in. Since that would validate the number. The quarterly shows it as unaudited.
Ann: 4Q24 Trading Update - Growth and strong loan performance, page-11
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