"2. Buy debts from banks and telcos at a deep discount to face value and then collect as much as they can."
Isn't that exactly what Merrill Lynch and all those other companies in Americia are doing and going broke or losing millions.
They are taking on Bank debt aren't they?
"2. Buy debts from banks and telcos at a deep discount to face...
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Last
$15.24 |
Change
-0.210(1.36%) |
Mkt cap ! $1.037B | |||
| Open | High | Low | Value | Volume |
| $15.18 | $15.30 | $15.00 | $2.706M | 178.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $15.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.25 | 294 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CCP (ASX) Chart |