I know it got to at least 0.70 in gfc, my entry. I presume share price collapse is just mirroring PDL price collapse, as general populations abilty to repay resturctured loans has greatly diminished. Thus ccp holding 300/400million of pdl is now worth 100m ? ccp main assets have collapsed in value and I presume they having borrowings from their financiers based on a LVR. Margin call coming?? All speculation on my part. anyone have concrete knowledge of borrowings of ccp against pdls and most recent price of pdls versus say 6 months ago. I'm too lazy to dredge thru the last 1 or 2 financial accounts
CCP Price at posting:
$9.74 Sentiment: Hold Disclosure: Held
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