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
$13.62 |
Change
0.090(0.67%) |
Mkt cap ! $927.7M | |||
| Open | High | Low | Value | Volume |
| $13.48 | $13.76 | $13.48 | $760.6K | 55.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 407 | $13.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.64 | 78 | 4 |
View Market Depth
| Last trade - 11.59am 27/06/2025 (20 minute delay) ? |
| CCP (ASX) Chart |