Big call Goblin, but in some respects I think there is a good potential based upon what it looks like on chart.
Looking at the big picture, they are in debt collection (?) business and with interest rates looking to increase, I guess their potential income base is going to increase. More bad debts next year.
Looking at CLH (Collection House), which is a similar business, this has also risen but not quite the same as BCA.
If these businesses are rising because of increased bad debts in the economy, what is that saying for the economy and general share market conditions?
Happy New Year Goblin...
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