CCP credit corp group limited

Ann: Credit Corp Group FY20 Results Presentation, page-36

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    Certainly not doubling in one year, agree $30 is a more realistic figure for this time next year if all goes well. $40 may be upwards of 3 yrs off from here.

    ok, so the ERC is increased in the sense that it was expected to fall had payments been made, but because they are anticipated to be delayed it increases? I'm not sure I follow that bit, would it not stay the same (assuming no other fees) given collections have not been collected, so the expected collections balance remains the same? How does a delay in payent increase the collections potential ?
    Last edited by JoeGambler: 02/09/20
 
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