starting point i feel. $3pt seems very low.
What is not advised is how if any special div or capital return is to be handled.
Valuation of 47c per share. I feel anything below $10pt was low.
We also do not know what value on the bundadoo and croydon assets will be for CZR as an on going concern.
The upside is obviously competing bids and what price is given for the final MC 15% by Miracle.
Lots if things to consider. If CZR relists above 47c then market believes a better price will be gained. If lists below 47c then maybe a done deal.
Ann: CZR to sell interest in Robe Mesa Project for $102 million, page-3
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Last
27.0¢ |
Change
-0.005(1.82%) |
Mkt cap ! $63.64M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.0¢ | 27.0¢ | $22.24K | 81.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76087 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 49737 | 3 |
View Market Depth
| Last trade - 15.09pm 14/06/2024 (20 minute delay) ? |
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Last
27.0¢ |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 27.5¢ | 27.5¢ | 27.0¢ | 30304 | ||
| Last updated 15.06pm 14/06/2024 ? | |||||
| CZR (ASX) Chart |