This is a poor deal for CLW, excellent for LEP.
On the last yearly report, LEP earned 19.1c per share, so at $5.68 thats a P/E of 29 and a dividend of 21.5c for a yield of 3.78%. Would you buy CLW with those figures, I think not
The price is going to go down
CLW is a trading stock, just like the miners. It is not a buy and hold company. I will be a buyer around $4.80.
Ann: Acquisition of 50% of ALE Property Group, page-9
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Last
$4.00 |
Change
0.040(1.01%) |
Mkt cap ! $2.883B | |||
| Open | High | Low | Value | Volume |
| $3.97 | $4.03 | $3.95 | $6.614M | 1.653M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 25474 | $3.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.02 | 25724 | 7 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| CLW (ASX) Chart |