"Prolly the only negative is cash conversion running at only 75%. Would love that number to ramp up. "
To fund this business, given its stage of corporate evolution, requires significant working capital investment, so I actually think that for just 25% of EBITDA to be utilised to that end will actually be a pretty decent outcome.
What exercises my mind a lot more when it comes to CLG, and the reason why I have a sub-optimal shareholding holding compared to the assessed deep undervaluation, is that it is just one share price spike away from the next capital raising.
.
Ann: AGM Company Update, page-9
-
- There are more pages in this discussion • 114 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CLG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $90.41M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 16.5¢ | $138.5K | 806.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 79999 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 17000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CLG (ASX) Chart |