Australia's largest stock trading and investment forum Australia's #1 stock forum

Day Trader’s Aftermarket Lounge 28 Oct 2020, page-17

First 17 Last

Share
Profile

Follow
andyjumbo

1,576 Posts.

179

28/10/20

16:34

Post #: 48462615
Share

Originally posted by Pabloasxcobar: ↑

CCR closed well and buyers regained control after the mid after dump. I expect a strong few days on this one.

5 min chart below.

CCR to disrupt the debt collection business in Australia using AI technology = efficiency + cheaper + overall op costs = high profit margins + higher recoveries.

According to The Australian yesterday - a huge surge in late payments. Biggest in a decadeCCR has a first mover advantage on this type of technology.

Not a bad time to list IPO given defaults and debt recovery BUT they also do it in a way that's sensitive to both consumer and merchant through their interest free payment plans that the user controls. Big future ahead.

This could be an "Afterpay" story here.

Expand

That chart is outstanding ! big volume dips all day !
2 Upvote

Reply

There are more pages in this discussion • 102 more messages in this thread...

First 17 Last