I don't see a corresponding drop in interest expense with debt decreases. It is stupid to hold so much cash earning next to nothing and paying expensive interest cost.
Also, that should be their business model i.e. earning credit spread between consumer loan and their debt. Equity is really expensive for long term holder. They should leverage up.
Underwriting clearly deteriorated with bad debt increasing.
I don't see a corresponding drop in interest expense with debt...
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CCV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $138.0M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 23.3¢ | $27.00K | 114.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 278286 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 195090 | 3 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| CCV (ASX) Chart |
