True that. According to westpac broking Cadence has 21.22 M shares or 17.85 % of Arq. With around 225k avergae traded over past 12 months that equates to about 94 trading days or a little over 4 months to exit the position entirely without finding another person/fund to take a large position , which as you say would put some serious pressure on the price for quite some time and I agree with you that CDM are somewhat "stuck" with ARQ for now. Will be interesting to see what Karl says in his upcoming June briefing.
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- Ann: Investment Update and NTA June 2019
Ann: Investment Update and NTA June 2019, page-6
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Last
70.5¢ |
Change
-0.010(1.40%) |
Mkt cap ! $210.0M |
Open | High | Low | Value | Volume |
71.5¢ | 71.5¢ | 70.5¢ | $77.74K | 109.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 67901 | 70.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
71.0¢ | 41427 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 67901 | 0.700 |
3 | 27827 | 0.695 |
3 | 48463 | 0.690 |
1 | 50000 | 0.685 |
5 | 9751 | 0.680 |
Price($) | Vol. | No. |
---|---|---|
0.710 | 41427 | 2 |
0.715 | 43683 | 2 |
0.720 | 137410 | 2 |
0.725 | 92604 | 5 |
0.730 | 82054 | 4 |
Last trade - 15.38pm 15/08/2024 (20 minute delay) ? |
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