There is obviously a significant amount of fear regarding loan impairment if their loan book and purchased debt ledgers resulting in covenant breaches.
I hope management have stopped buying ledgers for now and flipped over to collecting as much cash as possible to pay down debt.
Its going to be rough few months, the capital raising they did last year for the acquisition could be a huge blessing.
I was quite naive to think that should have been funded through debt to maximise eps growth, if it were it may have been lights out.
There is obviously a significant amount of fear regarding loan...
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Last
$13.28 |
Change
0.340(2.63%) |
Mkt cap ! $903.9M | |||
| Open | High | Low | Value | Volume |
| $13.20 | $13.49 | $13.04 | $3.258M | 244.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 799 | $13.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.32 | 1640 | 2 |
View Market Depth
| Last trade - 16.11pm 24/06/2025 (20 minute delay) ? |
| CCP (ASX) Chart |