Yes they have to keep the "ponzi rolling" as you point out. Arrangements with PDP sellers and the need to bring in fresh PDPs with quicker upfront return is an imperative. They can stop purchasing and continue to collect to repay debt but in doing so they reduce their momentum and begin to fizz out. It is a bit like a finance company reducing their funding by using repayment of loans and leaving themselves without money to keep lending. Perpetual motion is the name of the game with these types of businesses.
- Forums
- ASX - By Stock
- Ann: Refinancing Update
PNC
pioneer credit limited
Add to My Watchlist
1.00%
!
49.5¢

Yes they have to keep the "ponzi rolling" as you point out....
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
49.5¢ |
Change
-0.005(1.00%) |
Mkt cap ! $79.55M |
Open | High | Low | Value | Volume |
48.5¢ | 50.0¢ | 48.5¢ | $34.74K | 70.78K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 57083 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.0¢ | 85979 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 57083 | 0.480 |
1 | 21250 | 0.470 |
2 | 44224 | 0.450 |
1 | 30000 | 0.440 |
1 | 2500 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.520 | 85979 | 3 |
0.530 | 100000 | 1 |
0.540 | 20698 | 1 |
0.550 | 12000 | 2 |
0.570 | 47177 | 3 |
Last trade - 14.10pm 30/07/2025 (20 minute delay) ? |
Featured News
PNC (ASX) Chart |