CCR 4.17% 25.0¢ credit clear limited

Ann: Investor Briefing, page-12

  1. 2,442 Posts.
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    Looked OK to me too at the presentation so I dipped my toe in. Should have waited and got myself a 10% discount.

    They've raised $25m from Sophs and Instos so the $4m of the SSP is still to close Feb 4. I believe DCX Funds initiated a holding through the offer which is what made me take a look.

    You won't know the issue price because the calculation period is the 5 day VWAP in the week of 7/2 leading up to issue date on 11/2/22.

    I liked the look of their last three 4Cs. If the market stabilizes and CEO seems on the ball and has a good plan, this should be a nice company in 12 months.

    https://hotcopper.com.au/data/attachments/4027/4027893-56cdf8b020a353703655c9992de11451.jpg


 
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