Interesting and purely coincidentally that the percentage of TMC comprises 18% of the NAV of CDM.
I also believe that, that was close to the percentage of the old Melbourne IT that dragged CDM down to the depths previously. Melbourne IT was 19.2% of the CDM portfolio in Nov 2017 and it dragged CDM down to an approx 40cent level last year. CDM also had a SPP/Capital raising at approx $1.43 a share previously.
As good as the CDM result was last year , there are always skeletons in the cupboard and obstacles to be negotiated. Obviously by today’s drop, there are investors that thought there was more in the tank than there was !
Ann: Successful Listing of TMC on the NASDAQ, page-10
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Last
69.5¢ |
Change
-0.005(0.71%) |
Mkt cap ! $206.9M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 70.5¢ | 68.5¢ | $186.0K | 267.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27036 | 69.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.5¢ | 13571 | 2 |
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| Last trade - 15.32pm 01/11/2024 (20 minute delay) ? |
| CDM (ASX) Chart |