@cryptoking Plus, as time goes on the loans funded through the lower margin off-balance sheet financing roll off the loan book while new loans get added onto the loan book financed under the 3.5% warehouse financing.
I don't anticipate WZR having any difficulty in financing the loan book.The RBA are currently printing money and handing it to the banks. That is the only way the big 4 are able to pay out dividends right now, through free money from the RBA. The self funded retirees bank dividend income is being financed by central bank money printing channel through the banks. No bank is going to pass up the opportunity to finance the high CR quality WZR loan book when they are being given money for free by the RBA.
When the COVID crash hit I bailed out of WZR worried there might be a credit squeeze but of course that was foolish thinking because of modern monetary theory which says just keep printing money. The US Fed have now just said that 2% inflation is a soft target not a hard target. They have to keep printing money until we get back to full employment and then some more to inflate away debts.
- Forums
- ASX - By Stock
- WZR
- Ann: Preliminary Final Report
Ann: Preliminary Final Report, page-59
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WZR (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.9¢ |
Change
0.001(3.57%) |
Mkt cap ! $40.03M |
Open | High | Low | Value | Volume |
2.9¢ | 2.9¢ | 2.8¢ | $9.58K | 341.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 479854 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 168805 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 479854 | 0.028 |
6 | 1238923 | 0.027 |
2 | 130000 | 0.026 |
5 | 733413 | 0.025 |
1 | 600000 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 168805 | 1 |
0.030 | 666313 | 5 |
0.031 | 426774 | 2 |
0.032 | 100000 | 1 |
0.033 | 181828 | 2 |
Last trade - 15.44pm 14/10/2024 (20 minute delay) ? |
Featured News
WZR (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online