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
$17.58 |
Change
0.180(1.03%) |
Mkt cap ! $1.196B | |||
| Open | High | Low | Value | Volume |
| $17.20 | $17.82 | $17.01 | $8.943M | 510.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45 | $17.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.63 | 9428 | 2 |
View Market Depth
| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| CCP (ASX) Chart |