CAJ 1.69% 29.0¢ capitol health limited

Is it a buy?, page-29

  1. F01
    2,776 Posts.
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    JLB1865 if we must.

    I am new to the HC site, hence the limited number of posts. Do you have to have more than 300 posts before your opinion matters?

    I understand diagnostic imaging. I have been watching CAJ for a while now (SP was approx 0.70 and I thought it was overvalued). I decided to buy in a few months ago at 0.20 because I thought the business was solid (and I still think purely from a radiology business point of view it is undervalued). The price went up, then down, then up etc....., then it spiralled down. I sold at 0.135. Now I have none (hence the "not held") and I have no idea what the SP will do next (hence the "none" sentiment as there is no "unsure"). I still have an interest in CAJ and hope that the SP recovers and I can take advantage of it. I hope that clarifies my position for you, and, more importantly, we can now get back to talking about CAJ the stock, rather than getting personal.

    You say you think someone is accumulating. Why do you think so, given what has been termed the algorithm has been going on for weeks now with decent volumes trading each day, but still no ASX major stakeholder announcement?

    Also, a major holder exiting due to ASX repositioning would also have triggered a stakeholder announcement. This makes me think the indexed funds exited ages ago. The last announcement I remember is NAB pulling out late last year. Do you have any information to the contrary?
 
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Last
29.0¢
Change
-0.005(1.69%)
Mkt cap ! $309.1M
Open High Low Value Volume
29.8¢ 29.8¢ 29.0¢ $230.2K 778.3K

Buyers (Bids)

No. Vol. Price($)
7 185462 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 281888 3
View Market Depth
Last trade - 16.10pm 07/08/2024 (20 minute delay) ?
CAJ (ASX) Chart
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