CCV 0.00% 22.0¢ cash converters international

I picked up shares at 20c last week.I look at CCV and wonder why...

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  1. 586 Posts.
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    I picked up shares at 20c last week.

    I look at CCV and wonder why it appears so cheap. Reading HC many posters have offered good reasons, Thank you.

    What I see:
    PE of 6
    Business appears to be in recovery mode and growing at ~ 30% pa. in an industry which benefits in tough economic times.
    10% div yield fully franked which grosses up to 14.28% by my calcs.
    It appears that the company could afford to increase the div to 2.5c or even 3c/sh pa although this might not suit EZcorp's agenda.

    Has me wondering why these insto's below sold.

    Any ideas?

    https://hotcopper.com.au/data/attachments/5767/5767197-2d66affd677fdb3648c023bb5e66aa04.jpg
 
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Last
22.0¢
Change
0.000(0.00%)
Mkt cap ! $138.0M
Open High Low Value Volume
22.5¢ 22.8¢ 22.0¢ $22.85K 101.5K

Buyers (Bids)

No. Vol. Price($)
9 485394 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 3211 1
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Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
CCV (ASX) Chart
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