Hi Jon Shaw have stated to sell into strength Hi Jon Shaw have stated to sell into strength---on the extreme short----but I'm sure you'd agree (without wishing to speak on your behalf) if the company improves itself--some things as you know are outside of it's control in this regard (margins) (but are better than they were) and its grocery strategy works which they started an a few years ago---to get away from reliance on oil---and more into supermarkets---I see Sir Ron Brierly to finance the partial acquisition of CTX---restoriung the dividend--so as to finance his loan costs.
I think from memory he has done this before--this is one of his strategies---which sounds like a good idea.
So I would see subject to all of the above happening--a valuation of more like 2.20---being appropiate---if CTX can really jazz it's act up--then higher---but at this stage 2.20
Cheers,--Steve.
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Last
$32.66 |
Change
0.050(0.15%) |
Mkt cap ! $7.782B |
Open | High | Low | Value | Volume |
$32.62 | $32.94 | $32.41 | $32.95M | 1.008M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3915 | $32.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$32.67 | 4245 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3915 | 32.650 |
1 | 2762 | 32.620 |
2 | 690 | 32.610 |
1 | 2762 | 32.600 |
2 | 8074 | 32.570 |
Price($) | Vol. | No. |
---|---|---|
32.790 | 690 | 2 |
32.800 | 1714 | 1 |
32.810 | 2762 | 1 |
32.820 | 3000 | 1 |
32.840 | 2762 | 1 |
Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
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ALD (ASX) Chart |