CCR 1.56% 32.5¢ credit clear limited

Steppay, page-12

  1. 911 Posts.
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    Originally posted by Vlad3
    You must be mad if you're selling your shares at current prices.

    CCR digital revenue thrives on more people going into debt and companies getting CCR to collect on their behalf.

    The lockdowns are putting more people in debt, and CCR will be able to capitalise on this as they can collect off more people and charge for it. And when lockdown lifts and people start repaying more of their debt, again CCR capitalises on that.

    Hold or buy, don't get thrown off the bus by people trying to make people panic sell and buying up their shares.
    Re selling share too early.

    I just read an article in the AFR about a former Afterpay major investor Fifty second celebration Pty Ltd who in the early days owned 3.5 million Afterpay shares. The company sold the shares for around $85 million all up but if they have held today those same shares today they would be worth $430 million (5 times more)

    Fifty second are also a major investor in Credit clear so would be interesting to see if they have learnt from this.
    Last edited by redalice: 25/08/21
 
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