The home loan market is a completely different ball game, it might involve big numbers, but also very small margins.
Currently, if zip loans $100 and charges the merchant $7 for the service, (related costs aside) that's a 7% return on that purchase. That $100 will likely be repaid in weeks
They might lend that same $100 6-12 times over a year, equating to a gross return of 42% - 84% return P/a.
f* home loans lol
The home loan market is a completely different ball game, it...
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Last
$1.35 |
Change
-0.010(0.74%) |
Mkt cap ! $1.520B | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.42 | $1.34 | $10.67M | 7.775M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19271 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 5212 | 3 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |