CTD corporate travel management limited

Why is this dropping without any news?, page-29

  1. 2,062 Posts.
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    A bit dramatic to say this but it could be true. While we're speculating, an equally likely reason could be a possible acquisition. It could be that they are carrying out due diligence on a company and want to have cash aside for a buy out so they have temporarily paused the buyback. Barring alternative use of their cash, I agree pausing the buy back at such low prices shows they think these prices are here to stay or they'll get even lower.
    However, the fact that Jamie bought a bunch of shares at $16 and CTD had increased their buyback recently from 30k to 50k shares per day shows that it's more likely the pause happened to save money for an acquisition.
 
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(20min delay)
Last
$13.10
Change
0.100(0.77%)
Mkt cap ! $1.916B
Open High Low Value Volume
$13.17 $13.31 $12.97 $5.322M 405.9K

Buyers (Bids)

No. Vol. Price($)
1 1915 $13.06
 

Sellers (Offers)

Price($) Vol. No.
$13.10 543 1
View Market Depth
Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
CTD (ASX) Chart
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