As you can see from my profile I am very bullish on CCR, have been from the start and still am. I have owned Credit Corp in the past but think the upside is with CCR, that the thing with start ups if they hit a home run the returns will be multi baggers ++.
Digital collection is the future. Paying a bill in under 10 seconds rather than the traditional method of phone call and letters. It delivers higher collection rates, better recoveries and a better overall customer experience.
I am also thinking CCR can be add on to software companies like Oracle or Wolter Kluwer who already have customers such as Utility companies not just in Australia but worldwide. And without getting ahead of ourselves could even be acquired by a global player in the future, paying say 1 billion for a company like Credit Clear would be chickenfeed for a company like Oracle current Market Cap $222 billion.
https://en.wikipedia.org/wiki/List_of_acquisitions_by_Oracle
Becoming an add on to global Software giant is not something Credit Corp can do i.e. move with the times. Kodak was once the biggest company in the world , where is it now.
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Last
26.0¢ |
Change
-0.005(1.89%) |
Mkt cap ! $108.5M |
Open | High | Low | Value | Volume |
26.5¢ | 26.5¢ | 26.0¢ | $70.42K | 269.8K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 48415 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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26.5¢ | 27352 | 3 |
View Market Depth
No. | Vol. | Price($) |
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2 | 48415 | 0.245 |
1 | 50000 | 0.240 |
4 | 84750 | 0.235 |
4 | 113113 | 0.230 |
2 | 110000 | 0.220 |
Price($) | Vol. | No. |
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0.265 | 27352 | 3 |
0.270 | 22000 | 2 |
0.275 | 301470 | 4 |
0.280 | 67857 | 2 |
0.285 | 14707 | 1 |
Last trade - 11.15am 06/05/2024 (20 minute delay) ? |
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Last
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Change
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Last updated 13.05pm 06/05/2024 ? |
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