Just looking at those numbers:
$16.25m of 'pro-forma' cash versus a market cap of $18.6m.
Free cash of $5m per annum versus $5.5m of claim provisions.
Now this is looking like a no-brainer as they have ample liquidity. Even the company should be buying back its own shares. Let TIGA's controlling stake rise...it's still enormously value accretive.
I can only imagine its the fundies facing redemptions that are forced sellers.
- Forums
- ASX - By Stock
- CAF
- Ann: Market Announcement
Ann: Market Announcement, page-3
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAF (ASX) to my watchlist
(20min delay)
|
|||||
Last
29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $58.67M |
Open | High | Low | Value | Volume |
29.0¢ | 29.5¢ | 29.0¢ | $12.04K | 40.94K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 22728 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 43520 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 22728 | 0.290 |
1 | 54468 | 0.285 |
2 | 48003 | 0.280 |
2 | 9636 | 0.275 |
4 | 130932 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 43520 | 2 |
0.305 | 33233 | 1 |
0.310 | 20606 | 2 |
0.315 | 3000 | 1 |
0.330 | 83500 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
CAF (ASX) Chart |