No, I don’t think so. The last notice of a change in director’s interest was on 1September 2021 when Phil Ryan sold a parcel of shares received as performance rights issued in 2018. The proceeds funded a tax liability and retired personal debt, and the volume of shares was insufficient to materially affect the SP. CCX has run quite well until recently and was getting a bit over-valued, so a pull back was to be expected. Also, we are in what I think to be an announcement-addicted market in which traders with short attention spans and weak hands are spooked by an absence of bias-reinforcing news. There have been no sell downs among substantial holders that we’re aware of. Favourable results over the rest of the financial year may see CCX return to paying a dividend. We shall see. Even though the earnings multiple is a bit stretched at around 32 and the company is facing supply chain headwinds, with a balance sheet like CCX’s, anywhere under $6 represents good value in my book but obviously people will do their own research and make up their own minds.
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Ann: Notice of Annual General Meeting, page-6
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $46.21M |
Open | High | Low | Value | Volume |
12.0¢ | 12.3¢ | 12.0¢ | $30.07K | 250.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 1018373 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 620803 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 1011707 | 0.120 |
11 | 224574 | 0.115 |
12 | 353409 | 0.110 |
17 | 582917 | 0.105 |
28 | 1405589 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 500803 | 9 |
0.130 | 354849 | 8 |
0.135 | 121907 | 4 |
0.140 | 135649 | 7 |
0.145 | 116489 | 5 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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CCX (ASX) Chart |