Yes, it's very likely the reason. I would be expecting that CCP would be close to saturation in terms of market share in the Aussie market, however there would be significant opportunity to gain new market share in the US. Provided they do well over there, the current share price of $22 will continue to grow. Time will tell.
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Last
$18.04 |
Change
-0.160(0.88%) |
Mkt cap ! $1.227B | |||
| Open | High | Low | Value | Volume |
| $18.35 | $18.41 | $17.97 | $4.846M | 266.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $18.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.15 | 517 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CCP (ASX) Chart |