Yes, I think at one point as low as 30c, however I think it's important to keep in mind that CCP was not the company it is today.. The net asset base is much larger, their capacity has significantly grown. Imagine that, $10 + to 30 cents, it would have been written off, thrown in the bin.. Next minute 5000%+ returns for investors over a 12 year period, while maintaining incredible ROE.
At the end of the day, I have to ask myself, who can take their spot locally in Australia... Particularly in a potential climate of bad debtors and weak books. So the answer to that question is probably, nobody... So then I simply ask myself will they grow at least to the level they were 3 months ago, or 12 months ago, if the answer is remotely near a yes then I'll just start a DCA type entry, with a very small speculative percentage of my PF, perhaps around 2%.
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Last
$14.97 |
Change
-0.160(1.06%) |
Mkt cap ! $1.018B |
Open | High | Low | Value | Volume |
$15.07 | $15.21 | $14.72 | $1.658M | 111.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1149 | $14.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.98 | 800 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 750 | 14.750 |
1 | 807 | 14.740 |
1 | 68 | 14.700 |
2 | 1200 | 14.600 |
1 | 68 | 14.570 |
Price($) | Vol. | No. |
---|---|---|
15.580 | 1200 | 1 |
15.600 | 201 | 1 |
15.610 | 1423 | 1 |
15.630 | 2000 | 1 |
15.650 | 2563 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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