It depends on the debts and a shareprice collapse wouldn't be a good thing. Last thing shareholders would want is another dilutive CR.
Even though I've been accumulating, from my perspective it's not just this financial situation, it's CCP's last report and the numbers required to meet guidance. I said right from the outset that their last report wasn't good. I might've said that it was crap and I was shocked to see the SP rally so hard. They seemingly have a lot of ground to make up.
Anyway, I'll refrain from posting here. I'll be back when the tide turns. CCP are a good company. They're good at what they do. They've been here before and quite frankly, I back them in the long run.
It depends on the debts and a shareprice collapse wouldn't be a...
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Last
$15.54 |
Change
-0.160(1.02%) |
Mkt cap ! $1.057B | |||
| Open | High | Low | Value | Volume |
| $15.88 | $16.01 | $15.48 | $3.751M | 240.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 47 | $15.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.56 | 535 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$15.49 |
Change
-0.160 ( 1.54 %) |
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| Open | High | Low | Volume | ||
| $15.84 | $16.01 | $15.49 | 36988 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| CCP (ASX) Chart |