Like I said, if you exclude the entire holding of TMC WHICH INCLUDES THE ORIGINAL COST OF Deep Green, the NTA of the remaining CDM portfolio is still approx $1.17-18. What I am trying to say if you took out the holding costs of $1.38 or $6m of Deep Green and look at the remainder of the CDM portfolio in a watchlist, you will see that the remainder of the PF is going well and the NTA would still be approx $1.17. Will the CDM SP hold if TMC sinks ? Who knows… but during the COVID crisis in 2020, the SP of CDM was less than the cash they had in the bank ! don’t take this personally but to muck up a saying “it’s the market stupid !” Anything can and probably will happen ! It’s when you see misplaced opportunities like this, that leaves opportunities for canny investors ! Personally I think TMC will settle down and find a floor price of ? amount. This will allow CDM to look at what % of the PF it is likely to be and work out if it’s worth hiving it off. I’m more worried about how the remaining 82% of the PF is going (well at the moment).
@RnR….
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Last
72.5¢ |
Change
0.005(0.69%) |
Mkt cap ! $216.0M |
Open | High | Low | Value | Volume |
72.5¢ | 72.5¢ | 71.5¢ | $150.0K | 208.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 28250 | 72.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
72.5¢ | 15550 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 28250 | 0.720 |
5 | 33371 | 0.715 |
3 | 120173 | 0.710 |
5 | 115834 | 0.705 |
16 | 182662 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.725 | 15550 | 2 |
0.730 | 40000 | 2 |
0.735 | 111049 | 4 |
0.740 | 96565 | 3 |
0.745 | 56080 | 3 |
Last trade - 15.53pm 23/08/2024 (20 minute delay) ? |
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