grader is correct. the older the debt the more hopeless it is. the fresher the debt the more expensive it is to buy it.
i used to work in this industry. i know it very well. and i worked in the most aggressive debt collection company in Australia. 1-2-3 phone calls then we contact lawyers. Lawyers cost money and no guarantees anyway.
they need to keep buying debt ledgers but their cash flow is falling. alot of debt gets written off. their assets are dwindling.
low performing debt ledgers. low performing staff. diffciult to get new debt ledgers.
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Last
$15.44 |
Change
0.170(1.11%) |
Mkt cap ! $1.050B | |||
| Open | High | Low | Value | Volume |
| $15.19 | $15.45 | $15.10 | $4.694M | 305.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1665 | $15.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.46 | 1668 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| CCP (ASX) Chart |