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
$14.28 |
Change
-0.180(1.24%) |
Mkt cap ! $973.3M | |||
| Open | High | Low | Value | Volume |
| $14.21 | $14.37 | $14.13 | $812.0K | 56.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 368 | $14.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.29 | 178 | 8 |
View Market Depth
| Last trade - 13.32pm 05/07/2024 (20 minute delay) ? |
| CCP (ASX) Chart |