Note the current estimated bad debt rate of 4.3% & that's with Jobkeeper/Jobkeeper, if that goes to 6.2% the provision will no longer cover all loans against losses.
Who wouldn't bet against that happening in the next 12 months?
Well basically anyone who has invested in the Plenti market has.
IPO - Plenti Group Limited, page-242
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Last
71.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $125.3M | |||
| Open | High | Low | Value | Volume |
| 74.0¢ | 74.0¢ | 70.5¢ | $6.976K | 9.683K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 955 | 71.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 1022 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLT (ASX) Chart |