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
$1.25 |
Change
-0.015(1.19%) |
Mkt cap ! $1.386B | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.27 | $1.25 | $550.5K | 437.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 14917 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 205905 | 1 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.25 |
Change
-0.015 ( 1.19 %) |
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| Open | High | Low | Volume | ||
| $1.26 | $1.27 | $1.25 | 162534 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| JDO (ASX) Chart |