I made the mistake of taking PNC's latest market update as including some time in April, given it was realeased on 22nd April, however reading it again makes me think it was only to end of March. I made a previous post thinking that bode well for CCP - woops
Given CCP reported 15% reductions in April, I assume PNC will be affected in a similar way - no wonder Caryle want out at the previous takeover price.
@Pioupiou, To your comment on the risks section. The PNC update did end up having one interesting piont in it, PDLs in Aus are currently not being sold. So in affect, the risk of not being able to acquire enough PDLs is happening now, although it it is also logical to expect supply to increase a lot in the future given higher unemployment longer term, and the debt sales being put off now reaching the market later in the year.
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