I spoke with Collins Street a couple of days ago. Of course not much can be said officially.
CS said that some believe the price should be between $0.30 and $1.0. As well they believe they have multiple levers to increase the SP.
I interpreted it that trough drinkers are not aligned with shareholders, and that having too much cash on the books and carte blanch performance shares aligns with trough drinking.
Ann: Change in substantial holding - Nero and Collins St, page-62
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $205.7M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $102.3K | 908.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 993034 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 637150 | 10 |
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| Last trade - 16.10pm 14/07/2025 (20 minute delay) ? |
| CVN (ASX) Chart |