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
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Last
$3.42 |
Change
-0.040(1.16%) |
Mkt cap ! $2.472B | |||
| Open | High | Low | Value | Volume |
| $3.47 | $3.48 | $3.41 | $4.600M | 1.338M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 7763 | $3.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.43 | 12109 | 3 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| CLW (ASX) Chart |