The smallest investors did really well (anyone who had less than ~$60K did better than the instos). Those above ~$60K were diluted more than 10% (and therefore did worse than the instos ... and a lot worse than smaller shareholders).
On average small investors did better than the instos - so nothing to complain about as a group.
I support CCP in scaling back. Extra capital would have effected ROE and therefore the SP.
However, I too would have liked the issue to be proportional on existing holdings. The methods to do this are more expensive tho so there is a trade-off for the board to consider.
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- Ann: Credit Corp closes Share Purchase Plan
CCP
credit corp group limited
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$17.35

Ann: Credit Corp closes Share Purchase Plan, page-18
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Last
$17.35 |
Change
-0.050(0.29%) |
Mkt cap ! $1.183B |
Open | High | Low | Value | Volume |
$17.20 | $17.45 | $17.01 | $1.600M | 92.64K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10 | $17.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.36 | 199 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 563 | 17.320 |
7 | 125 | 17.310 |
5 | 147 | 17.300 |
4 | 311 | 17.290 |
3 | 284 | 17.280 |
Price($) | Vol. | No. |
---|---|---|
17.340 | 112 | 3 |
17.350 | 89 | 1 |
17.360 | 236 | 3 |
17.370 | 277 | 3 |
17.380 | 464 | 2 |
Last trade - 11.23am 07/08/2025 (20 minute delay) ? |
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CCP (ASX) Chart |