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
Retail sales Up, page-32
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Last
$1.45 |
Change
0.135(10.3%) |
Mkt cap ! $1.633B | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.46 | $1.30 | $29.57M | 21.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11630 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 92904 | 6 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.45 |
Change
0.135 ( 9.52 %) |
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| Open | High | Low | Volume | ||
| $1.32 | $1.46 | $1.30 | 6943845 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| ZIP (ASX) Chart |