As far as I'm concerned, this is basically a once-in-a-lifetime opportunity for a near-guaranteed 60% return over a relatively short period of time.
Basically free money, you will likely never get this type of arbitrage opportunity ever again. Once this stock retraces back to $1.60 like all the others, there won't be any low-hanging fruit anymore as the markets go back to being stagnant again.
The business is BETTER than it was pre-covid, and now the only thing that was suppressing its price is about to be eliminated. Again seriously, this is a once in a lifetime opportunity and I think a lot of people are realising this.
As far as I'm concerned, this is basically a once-in-a-lifetime...
Add CEH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
48.0¢ |
Change
-0.010(2.04%) |
Mkt cap ! $218.0M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.0¢ | 48.0¢ | $161.9K | 333.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 138386 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 59271 | 4 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
|
|||||
|
Last
48.0¢ |
Change
-0.010 ( 1.68 %) |
||||
| Open | High | Low | Volume | ||
| 48.5¢ | 49.0¢ | 48.0¢ | 36534 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| CEH (ASX) Chart |