Yes, we definitely want the WZR loan book to continue at high growth percentages / increase in $$ for as long as possible - obviously provided they are taking on quality borrowers!!
It would be awesome if these high growth loan book %'s / increase in $$ continued for many many years
However, at some point the loan book growth rate will slow - and it is at that point where WZR have to book less "expected provisions" (less provisions when expressed as a % of their revenue).
At the moment, their revenues are not massive - so these "future provisions" (that are linked to their loan book growth) are having quite a large impact on their current profitability.
Yes, we definitely want the WZR loan book to continue at high...
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Last
3.5¢ |
Change
-0.001(2.78%) |
Mkt cap ! $48.00M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.5¢ | $46.24K | 1.290M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 816789 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 191235 | 1 |
View Market Depth
| Last trade - 15.54pm 03/06/2024 (20 minute delay) ? |
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Last
3.5¢ |
Change
-0.001 ( 5.41 %) |
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| Open | High | Low | Volume | ||
| 3.6¢ | 3.7¢ | 3.5¢ | 266791 | ||
| Last updated 15.17pm 03/06/2024 ? | |||||
| WZR (ASX) Chart |