Yes, you are right. My mistake.
The key number for me is lending growth. At scale, the valuation of this business is very attractive.
The investment securities + cash is high at the moment, because they are carrying excess liquidity. This should reduce down to 20% of the average loan balance over time.
Yes, you are right. My mistake.The key number for me is lending...
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Last
$1.30 |
Change
0.045(3.60%) |
Mkt cap ! $1.430B | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.31 | $1.23 | $2.904M | 2.274M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4722 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 7710 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| JDO (ASX) Chart |