Hi Guys,
I've just got a few questions, the answers are probably so obvious that they are right in front of my face.
ABN AMRO is a 50% partner in Absolute Capital..is this correct? or is there another fund called Absolute Capital that is unrelated...?
Absolute Capital has recently had administrators appointed. I would have thought this was really, really bad for CUV, but the price hasn't changed much during last week and the Absoute Capital website says that it was only the corporate strcture that was affected and that the equity funds aren't affected.
However, Jonathan Barrett in The Financial Review on 08.02.08 p71 reports "Details of the alleged incorrect use of a performance fee...come days before creditors vote on a proposal to convert Absolute's flagship $180 million structured credit fund into cash, and pay out investors."
I would think that in light of this information that the ABN AMRO report is not information that I will place relevance on in making decisions to purchase CUV stock or not. Please tell me if I'm missing something here.
- Forums
- ASX - By Stock
- CUV
- abn amro
abn amro, page-2
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
Add CUV (ASX) to my watchlist
|
|||||
Last
$14.68 |
Change
-0.240(1.61%) |
Mkt cap ! $735.1M |
Open | High | Low | Value | Volume |
$14.75 | $14.92 | $14.65 | $503.5K | 34.18K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 448 | $14.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.74 | 149 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 448 | 14.680 |
1 | 340 | 14.600 |
2 | 1069 | 14.560 |
1 | 2000 | 14.520 |
1 | 500 | 14.500 |
Price($) | Vol. | No. |
---|---|---|
14.980 | 1000 | 1 |
15.150 | 519 | 1 |
15.180 | 100 | 1 |
15.190 | 50 | 1 |
15.200 | 47 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
CUV (ASX) Chart |