CLG is a great business that operates in a growth sector but management needs to demonstrate organic revenue growth . The share price will continue to be volatile as long as they focus on growth by acquisition. [Who wants another capital raise in 2 months at 35 cents to raise xx milllions of dollars for another acquisition]. Management needs to focus on operating the business at hand otherwise this becomes a slowly declining arbitrage. GLTAH
Ann: AGM Company Update, page-68
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Last
34.0¢ |
Change
0.015(4.62%) |
Mkt cap ! $180.8M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 35.0¢ | 32.5¢ | $316.5K | 946.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 9592 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CLG (ASX) Chart |