I highly doubt it will. They achieved the goals of the capital raise which was to reduce gearing, weather the storm and be in a healthy capital position to scoop up cheap debt which was inevitably going to happen. Any competition without a healthy balance sheet is going to be feeling the pain right now.
CCP is very much positioned for some serious growth in the mid-term horizon - they have outperformed the ASX200 consistently in any time horizon even through the GFC
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$14.36 |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
1 | 121 | $14.35 |
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Price($) | Vol. | No. |
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1 | 383 | 14.320 |
1 | 383 | 14.300 |
1 | 383 | 14.280 |
1 | 383 | 14.270 |
Price($) | Vol. | No. |
---|---|---|
14.360 | 632 | 1 |
14.370 | 549 | 2 |
14.410 | 383 | 1 |
14.420 | 383 | 1 |
14.440 | 383 | 1 |
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