the loss from the the lending business is purely related to set up costs. They have been making a lot of money as a broker for non conforming loans but by lending the money themselves they will make slightly more than double this. As they only lend in Australia and only up to 80% of property valuation they are protected from any major writedowns. In addition if they have to foreclose they are in the ideal position to do this being a bankruptcy agent.
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Last
83.5¢ |
Change
0.005(0.60%) |
Mkt cap ! $101.3M |
Open | High | Low | Value | Volume |
85.0¢ | 89.5¢ | 83.0¢ | $86.84K | 103.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1300 | 83.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
90.0¢ | 38988 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1300 | 0.835 |
1 | 25000 | 0.830 |
1 | 25000 | 0.820 |
1 | 1243 | 0.805 |
1 | 1315 | 0.760 |
Price($) | Vol. | No. |
---|---|---|
0.900 | 38988 | 1 |
0.910 | 674 | 1 |
0.970 | 6000 | 1 |
1.100 | 2000 | 1 |
0.000 | 0 | 0 |
Last trade - 14.56pm 06/09/2024 (20 minute delay) ? |
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FSA (ASX) Chart |