wasn't CRN dumped from ASX200 Index in March? that may have triggered a review of CRN for L1
L1 investments strategy -" 25 high quality companies with favourable cashflow-based valuations in well-structured industries using fundamental, bottom-up analysis with detailed risk assessment. The Team applies a high threshold for only investing in high quality businesses at attractive valuations" obviously CRN no longer fits this structure.
(they still hold 68 mill. shares).
CRN Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
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