At 40 cents in 2008 it got down to a P/E of as low as 2 before bouncing back. But that was after 3 price downgrades, disclosure issues and a whole range of other factors
2 years later it was over $10 with some cut throat competition still in play.
Now they have acquired some of that competition and will no doubt be eyeing CLH. Quite clever of CLH to request a suspension extension until the 20th of April. CCP is a higher quality business than in 2008.
Today the PE got as low as 5 before bouncing back to 7. If you believe that this may mirror the gfc collapse then $5 is a good entry point. If you think that this has been drastically overplayed than it may already be too late to enter.
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Last
$14.97 |
Change
-0.160(1.06%) |
Mkt cap ! $1.018B |
Open | High | Low | Value | Volume |
$15.07 | $15.21 | $14.72 | $1.658M | 111.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1149 | $14.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.98 | 800 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 750 | 14.750 |
1 | 807 | 14.740 |
1 | 68 | 14.700 |
2 | 1200 | 14.600 |
1 | 68 | 14.570 |
Price($) | Vol. | No. |
---|---|---|
15.580 | 1200 | 1 |
15.600 | 201 | 1 |
15.610 | 1423 | 1 |
15.630 | 2000 | 1 |
15.650 | 2563 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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