CUP market cap before DVR acquisition $62M. Paid $54M for DVR. Issued shares today 169M up from 111M shares. Share price drops today to 60cents. In reality market has spoken about the acquisition and wiped $15M or close to 14%. 1+1=1.7. CBA needs to put this in play and unlock value for shareholders.
Ann: Appendix 4D & Half Year Accounts, page-8
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Last
67.0¢ |
Change
-0.005(0.74%) |
Mkt cap ! $113.0M | |||
| Open | High | Low | Value | Volume |
| 68.0¢ | 68.0¢ | 66.5¢ | $37.09K | 55.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50512 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 12999 | 1 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| CUP (ASX) Chart |