This is a poor deal for CLW, excellent for LEP.
On the last yearly report, LEP earned 19.1c per share, so at $5.68 thats a P/E of 29 and a dividend of 21.5c for a yield of 3.78%. Would you buy CLW with those figures, I think not
The price is going to go down
CLW is a trading stock, just like the miners. It is not a buy and hold company. I will be a buyer around $4.80.
Ann: Acquisition of 50% of ALE Property Group, page-9
Add CLW (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.94 |
Change
0.040(1.03%) |
Mkt cap ! $2.817B | |||
| Open | High | Low | Value | Volume |
| $3.89 | $3.98 | $3.88 | $3.601M | 912.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8713 | $3.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.97 | 8597 | 1 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| CLW (ASX) Chart |