CCV is operating like a bank for pay day borrowers...
you either source funding from your shareholders, go to market and borrow or take money out of the operations....then you lend to your customers....
bank cash flow statements will be different from other business...
CCV maybe put up $1000 and lend to their customers and they may not see the capital return for a year but they get regular interest and principal..
where as woolies put up $1000 to buy banana they get that capital back pretty quick once the banana sold out....
or if you are really Woolies you use your market power and said to your suppliers, give me $1000 worth of banana
and I pay you later after I sold my banana to my customers,
I pocket the profit, I don't need to put up the capital and you just have to do without a $1000 for a month or two :-)
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Last
21.5¢ |
Change
0.005(2.38%) |
Mkt cap ! $133.3M |
Open | High | Low | Value | Volume |
21.0¢ | 21.5¢ | 21.0¢ | $76.73K | 359.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 488574 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 66145 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 488574 | 0.210 |
8 | 269175 | 0.205 |
9 | 311292 | 0.200 |
6 | 672287 | 0.195 |
10 | 1104685 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 66145 | 3 |
0.220 | 689394 | 10 |
0.225 | 218123 | 8 |
0.230 | 438851 | 6 |
0.235 | 188199 | 5 |
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