Although you make a fair point about Turners, that a capital loss of $2 million dollars to them would be insignificant in such a large company, I don't entirely agree.
I think Turners motives for investing in CL8 would have been more than just renting out their own vehicles. I am sure they would wish to prosper from their investment and they need CL8 as a viable entity for back up and support with Carly.
For this reason I believe they would want Carly to be successful and grow.
Also I make the point that even though the fleet operators have a significant holding in the company, Willoughby's are still the major shareholder holding near on 25% of the capital. The fleet operators would find it difficult to restrict Carly in a significant manner. Hopefully this would never happen and the board could work effectively together.
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Although you make a fair point about Turners, that a capital...
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $3.757M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $64 | 4.6K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 37452 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.4¢ | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 37452 | 0.013 |
1 | 200000 | 0.012 |
3 | 243750 | 0.010 |
1 | 120000 | 0.008 |
1 | 100000 | 0.005 |
Price($) | Vol. | No. |
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0.014 | 2000 | 1 |
0.015 | 150000 | 1 |
0.018 | 1324568 | 3 |
0.019 | 555399 | 3 |
0.020 | 1798408 | 3 |
Last trade - 12.32pm 14/06/2024 (20 minute delay) ? |
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Last
1.5¢ |
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Change
0.001 ( 15.4 %) |
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Open | High | Low | Volume | ||
1.5¢ | 1.5¢ | 1.5¢ | 3092 | ||
Last updated 12.32pm 14/06/2024 ? |
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