Given PNC got a deal away, it seems likely that CLH will be able to refinance on similar onerous terms. Not sure CLH would need or want to sell PDLs. The benefit to CCP comes from PNC and CLH being restricted in PDL purchases in the future because they are so indebted. This will lead to increased market share and lower prices for CCP.
Ann: Credit Corp Group FY20 Results Presentation, page-50
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Last
$14.90 |
Change
0.370(2.55%) |
Mkt cap ! $1.014B | |||
| Open | High | Low | Value | Volume |
| $14.64 | $14.90 | $14.40 | $5.218M | 353.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 814 | $14.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.90 | 726 | 1 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$14.84 |
Change
0.370 ( 2.37 %) |
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| Open | High | Low | Volume | ||
| $14.71 | $14.84 | $14.41 | 20409 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| CCP (ASX) Chart |