0909 [Dow Jones] STOCK CALL: Citi downgrades Commander Communications (CDR.AU) to Sell from Hold, says market unlikely to give benefit of doubt to company any longer. Notes debt levels have risen by A$83 million since June 30 due to a blow out in working capital in what would normally be a quiet period. Also says there is limited information on refinancing and limited earnings visibility. Says while company has put itself up for sale by opening a data room, group's A$300 million debt could deter potential buyers. Cuts target to 30 cents from A$1.10, CDR shares to resume trade today after long halt, last at 59.5 cents. (LMF)
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Last
2.8¢ |
Change
0.001(3.70%) |
Mkt cap ! $4.630M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 2.8¢ | $4.514K | 157.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 114475 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 400000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 114475 | 0.028 |
1 | 172714 | 0.027 |
1 | 135190 | 0.026 |
1 | 136409 | 0.021 |
1 | 50000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 400000 | 1 |
0.036 | 5517 | 1 |
0.040 | 100000 | 1 |
0.042 | 35000 | 1 |
0.047 | 12073 | 1 |
Last trade - 15.41pm 09/08/2024 (20 minute delay) ? |
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CDR (ASX) Chart |