Haha its like talking to children... I dont think people consider you need 8-10% of book as core equity, probably another 10-20% mezz credit support, then the rest in senior ( bank funding) ... $1bn book will need near $100m of equity... So any relatively astute person, would ask, why bother putting $100m of equity into something that produces zero yield or barely breaks even? Generally it is that aha moment that prompts share prices to fall off a cliff, ala Ondeck etc @Christos12
Haha its like talking to children... I dont think people...
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Last
$2.19 |
Change
0.260(13.5%) |
Mkt cap ! $2.772B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.19 | $2.00 | $56.69M | 26.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 133683 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 235682 | 50 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |