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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Ann: COVID-19 - Credit Corp withdraws FY20 guidance, page-116
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Last
$14.98 |
Change
0.000(0.00%) |
Mkt cap ! $1.019B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17 | $16.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.24 | 128 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 98 | 14.900 |
4 | 123 | 14.890 |
4 | 110 | 14.880 |
2 | 70 | 14.870 |
1 | 25 | 14.860 |
Price($) | Vol. | No. |
---|---|---|
14.930 | 279 | 4 |
14.940 | 66 | 3 |
14.950 | 45 | 2 |
14.960 | 71 | 3 |
14.970 | 25 | 1 |
Last trade - 09.58am 13/05/2024 (20 minute delay) ? |
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Last
$14.93 |
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Change
0.000 ( 0.37 %) |
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Open | High | Low | Volume | ||
$15.03 | $15.03 | $14.90 | 1411 | ||
Last updated 10.16am 13/05/2024 ? |
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MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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