I tried telling you guys this. Institutional lending isn’t subject to responsible lending guidelines - the level of due diligence was likely not very high.
If you’re wondering why this type of lending is given - look at how much profit/revenue the big four make out of their respective institutional segments. A portion of the lending is very speculative.
Ann: Resignation of CEO, page-9
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3.2¢ |
Change
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Mkt cap ! $14.25M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
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| CAN (ASX) Chart |