I thankfully sold out a few weeks ago for just short of $22. (was pure luck, thank God).
I always had though ccp was a anti cyclical stock, did better when economies struggled because of cheaper buying of debt. I learnt that was wrong, hard times in an econemy = difficulty collecting their current ledgers.
This will fix itself when US economy recovers. Hard for us as we are not witnessing everything going on in US, but I do not think it is not good.
So for me I will be back in (I love ccp) in a couple of years after US starts recovering.
Ann: Impairment of US ledger book and amendment to FY24 guidance, page-25
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Last
$15.94 |
Change
0.240(1.53%) |
Mkt cap ! $1.072B | |||
| Open | High | Low | Value | Volume |
| $15.76 | $15.96 | $15.64 | $802.6K | 50.71K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 334 | $15.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.94 | 135 | 8 |
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| Last trade - 13.33pm 19/08/2024 (20 minute delay) ? |
| CCP (ASX) Chart |