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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As I suggested earlier the banks and non bank lenders will have...
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Last
$15.03 |
Change
-0.080(0.53%) |
Mkt cap ! $1.023B |
Open | High | Low | Value | Volume |
$15.16 | $15.31 | $14.82 | $3.108M | 207.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 161 | $15.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.10 | 2119 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 161 | 15.020 |
1 | 715 | 15.010 |
4 | 7616 | 15.000 |
1 | 569 | 14.970 |
2 | 1237 | 14.950 |
Price($) | Vol. | No. |
---|---|---|
15.100 | 2119 | 2 |
15.120 | 569 | 1 |
15.140 | 569 | 1 |
15.160 | 569 | 1 |
15.310 | 309 | 1 |
Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
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CCP (ASX) Chart |