Lower rates are great for the company itself as it uses leverage. If they buy a stack of charged off debt assuming rates accounting for current rates, which they do, and then rates are reduced in future years, that is a free kick to profits.
Ann: Investor Presentation - Market Update, page-7
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Last
$17.61 |
Change
-0.130(0.73%) |
Mkt cap ! $1.198B | |||
| Open | High | Low | Value | Volume |
| $17.75 | $17.77 | $17.53 | $1.912M | 108.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 269 | $17.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.71 | 545 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CCP (ASX) Chart |