The others started with no customers. NOV already has their customer base & they also have access to RKN customer base.
Judo Bank has 1,650 SME customers at 30 June, 2021 & $3.5B loan book = $2.12M average per customer.
They also have 11,505 Deposit customers at 30 June, 2021 & $2.5B deposits = $217.3k average per customer.
RKN has more than 100,000 SME customers. 1,650 equivalent to Judo Bank / 100,000 RKN SME customers = 1.65% conversion required.
I think they will be aiming for 5% conversion x 100k customers = 5,000 which triple that of Judo Bank.
Judo Bank, ASX JDO, has listed this morning at $2.10 SP & $2.321B MC. Have 1.105B shares on issue compared to 325.45k NOV shares.
Novatti - The $1 party, page-1935
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Last
3.4¢ |
Change
-0.002(5.56%) |
Mkt cap ! $13.81M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 4.1¢ | 3.4¢ | $187.9K | 4.949M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 127555 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 150000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| NOV (ASX) Chart |