Also with reports like the below article of the housing market start cooling - in particular Perth being the first State to show a decline in values - this would very much affect CWP profits, given its extensive landholding and amount of revenue/lots sold in Perth/WA.
https://www.theurbandeveloper.com/articles/storm-brewing-over-australian-housing-market?utm_source=TUD+-+Daily+Briefing&utm_campaign=9d3354135e-EMAIL_CAMPAIGN_2021_08_11_01_49_COPY_01&utm_medium=email&utm_term=0_982c36d415-9d3354135e-195766334
It all makes sense why the directors of CWP were selling shares last month... taking profits at higher Share Prices then they could into the foreseeable future. This will fall like a house of cards - my short position keeps making me more money each week.... very easy money and bet - and it still has legs to run south!
IMO
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Ann: First Quarter FY22 Operational Update, page-5
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Last
$5.64 |
Change
0.040(0.71%) |
Mkt cap ! $465.3M |
Open | High | Low | Value | Volume |
$5.56 | $5.65 | $5.52 | $699.4K | 124.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 180 | $5.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.64 | 1377 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 180 | 5.500 |
1 | 165 | 5.400 |
1 | 1893 | 5.280 |
1 | 3000 | 5.270 |
1 | 3000 | 5.260 |
Price($) | Vol. | No. |
---|---|---|
5.640 | 1377 | 1 |
5.650 | 3642 | 1 |
5.670 | 3744 | 1 |
5.690 | 4407 | 1 |
5.710 | 1000 | 1 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
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ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
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