If CCP need to ram up Lending volume and scale I cant see why they cant tap investors for more money...something similar to what CCV did ...
Lending is a long term game so not worry about temporary low return...
CCP lending criteria is similar to TGA rental ... they front the capital buy the equipment and get money back in 24-36 Months via weekly/monthly payment....
None of those business perform badly long term
TGA from 20-40c during GFC to over $2 today and paid nice steady dividend increase
If CCP need to ram up Lending volume and scale I cant see why...
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Last
$12.94 |
Change
-0.260(1.97%) |
Mkt cap ! $880.7M | |||
| Open | High | Low | Value | Volume |
| $12.77 | $13.07 | $12.74 | $3.285M | 255.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 843 | $12.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.00 | 843 | 1 |
View Market Depth
| Last trade - 16.15pm 23/06/2025 (20 minute delay) ? |
| CCP (ASX) Chart |