Presumably people being in lock-down, losing their income will be more likely to be bad debtors, forcing CCP to do write-downs.
Whether the write-downs would be dangerous to their profitability, or bank covenants, I'm not sure.
I didn't see any specific news.
Why Is Share Price Tanking?, page-208
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Last
$14.91 |
Change
0.310(2.12%) |
Mkt cap ! $993.7M | |||
| Open | High | Low | Value | Volume |
| $14.84 | $14.92 | $14.70 | $131.3K | 8.838K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 144 | $14.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.92 | 454 | 3 |
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| Last trade - 10.09am 17/07/2024 (20 minute delay) ? |
| CCP (ASX) Chart |