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.
Lower rates are great for the company itself as it uses...
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Last
$14.61 |
Change
-0.760(4.94%) |
Mkt cap ! $994.4M | |||
| Open | High | Low | Value | Volume |
| $15.09 | $15.14 | $14.61 | $2.966M | 200.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 489 | $14.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.66 | 700 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| CCP (ASX) Chart |