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
Ann: FY2020 Unaudited results update, page-10
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Last
$14.30 |
Change
-0.080(0.56%) |
Mkt cap ! $975.3M | |||
| Open | High | Low | Value | Volume |
| $14.60 | $14.60 | $14.30 | $734.2K | 50.95K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1102 | $14.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.31 | 681 | 23 |
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| Last trade - 14.11pm 15/07/2024 (20 minute delay) ? |
| CCP (ASX) Chart |