I think the reliability of the underlying cashflows of these PDPs is under-appreciated. The problem is usually that these debt collectors overpay, not that the actual PDPs underperform. Way back when CCP bombed out in 07, it was mostly a case of overpaying and not matching the cashflows of the PDPs to the debt that was funding them.
Ann: Becoming a substantial holder, page-12
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Last
49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $66.13M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.0¢ | 47.0¢ | $14.92K | 30.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39481 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 2676 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| PNC (ASX) Chart |