HN sells off the outstanding purchase to a debt provider. They are not exposed to the default. The debt provider eg. HN pays GE credit a percentage of the purchase price to handle the customer, the percentage has already been factored into the selling price.
this highlights how sick the market is today.., page-6
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Last
$63.41 |
Change
0.190(0.30%) |
Mkt cap ! $12.19B | |||
| Open | High | Low | Value | Volume |
| $63.00 | $63.55 | $61.72 | $5.128M | 81.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 111 | $63.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $63.43 | 25 | 1 |
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| Last trade - 12.31pm 02/10/2024 (20 minute delay) ? |
| ASX (ASX) Chart |