unfortunately.....one only needs to look at axsesstoday to understand what happens to your credit provisions when you stray outside you core activities.
to have such a large provisions in eclipx commercial, something tells me that they expanded like crazy with big ticket credit deals that exposed them to concentration risk in customers rather than going retail to diversify their portfolio risks.
News: ECX Mcmillan Shakespeare To Review Eclipx Group Trading Update, page-11
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Last
$3.58 |
Change
0.080(2.29%) |
Mkt cap ! $872.7M | |||
| Open | High | Low | Value | Volume |
| $3.59 | $3.60 | $3.55 | $1.000M | 279.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 482 | $3.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.58 | 2318 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FPR (ASX) Chart |