To me the whole dividend debacle was purely the large shareholders and trying to print a big listing. The company advertised the docs in the prospectus and advertised the distribution of cashflow. They banked on the Met Coal market remaining strong and used debt which is just dumb. I think the whole thing was cooked up by an investment manager pre list and they had to stay the course.
having said that I don’t think the current management are kicking goals. We should have been in a position to snap up the BHP mines in QLD and we are so far from it. Anyway. Met coal retains support, stimulus is still coming as is inflation and reopening - positive sentiment. Well I have used up all my buzzwords. Time for a nap.
- Forums
- ASX - By Stock
- CRN
- Ann: Change in substantial holding
Ann: Change in substantial holding, page-8
Featured News
Add CRN (ASX) to my watchlist
|
|||||
Last
$1.30 |
Change
-0.045(3.36%) |
Mkt cap ! $2.137B |
Open | High | Low | Value | Volume |
$1.29 | $1.30 | $1.25 | $4.295M | 3.349M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 28021 | $1.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.30 | 31909 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 30732 | 1.290 |
27 | 64892 | 1.285 |
19 | 102207 | 1.280 |
11 | 95262 | 1.275 |
11 | 30717 | 1.270 |
Price($) | Vol. | No. |
---|---|---|
1.295 | 18511 | 6 |
1.300 | 84473 | 15 |
1.305 | 61870 | 13 |
1.310 | 360844 | 8 |
1.315 | 7355 | 4 |
Last trade - 14.55pm 15/08/2024 (20 minute delay) ? |
Featured News
CRN (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online