Sorry, didn't understand that.
They buy and collect debts, as well as being a lender:
1. Higher rates = more bad debt = cheaper/higher supply to buy and collect.
2. Higher rates = better loan margins.
3. Longer term, peaking rates = bubbles building = quality resilient companies like CCP are re-rated.
My presumption is CCP should have a handle on their own ba debts, and be very good at avoiding or collection on them.
Happy to be corrected and better informed on this!
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Last
$13.28 |
Change
0.340(2.63%) |
Mkt cap ! $903.9M | |||
| Open | High | Low | Value | Volume |
| $13.20 | $13.49 | $13.04 | $3.258M | 244.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 799 | $13.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.32 | 1640 | 2 |
View Market Depth
| Last trade - 16.11pm 24/06/2025 (20 minute delay) ? |
| CCP (ASX) Chart |