why don't you read their report then you can quote with the facts to support your laughable $2 projection, LOL. Did the COVID-19 info report said that CCP has $175 million cash on hand, and gearing remaining conservative?
CCP has 55m shares on issue, the cash to equity: $175m/55m=$3.18per share (in cash!!!).
How this can drop to $2? It only reminds me what Mark Twain said :
" Never argue with stupid people. They will drag you down to their level and then beat you with experience"
- Mark Twain
Ann: COVID-19 - Credit Corp withdraws FY20 guidance, page-106
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Last
$13.20 |
Change
0.290(2.25%) |
Mkt cap ! $898.4M | |||
| Open | High | Low | Value | Volume |
| $12.89 | $13.30 | $12.70 | $7.519M | 570.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $13.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.24 | 3024 | 2 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| CCP (ASX) Chart |