If the changes we've seen over the last few reports are indicative of that tradeoff and there's no other factors interfering: it definitely isn't worth it from a steady state profitability standpoint. It could be worthwhile on a risk-adjusted basis, since we're less vulnerable in a downturn, but i'm not totally sold that it's worth it even considering that.
In any case, the credit losses finally dipped again this quarter which is very good to see, although the risk-adjusted NIM is still lower than it was.
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14.5¢

If the changes we've seen over the last few reports are...
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Last
14.5¢ |
Change
0.010(7.41%) |
Mkt cap ! $116.0M |
Open | High | Low | Value | Volume |
14.0¢ | 14.5¢ | 14.0¢ | $20.28K | 144.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 120795 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 184648 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.140 |
6 | 393497 | 0.135 |
7 | 265852 | 0.130 |
2 | 113400 | 0.125 |
6 | 285000 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 184648 | 1 |
0.150 | 441254 | 4 |
0.155 | 439871 | 5 |
0.160 | 290361 | 3 |
0.165 | 168483 | 5 |
Last trade - 16.10pm 04/08/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
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