There are still people interested in CLG and see value from it.
If they have successfull refi the debt it should be published as an price sensitive announcement due to the huge impact on its future earnings.
In the past CLG liked to combine too much info together and announce them in one announcement, which made market hard to digest what is important and what is irrelevant.
The longer they delay the debt announcement, the higher pressure for the SP.
And based on this broker report, it looks like the estimation for their growth is almost minimal in next few years, 10% is almost a joke for a company call itself a growing business.
The future looks very dark now and I couldn't see the SP will go anywhere above 30c in near term.
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Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 19.0¢ | $2.252K | 11.85K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 40643 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 349622 | 8 |
View Market Depth
No. | Vol. | Price($) |
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4 | 40643 | 0.180 |
11 | 446702 | 0.175 |
14 | 382820 | 0.170 |
2 | 146050 | 0.165 |
4 | 45531 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 349622 | 8 |
0.195 | 213630 | 5 |
0.200 | 369006 | 11 |
0.205 | 60337 | 3 |
0.210 | 185513 | 6 |
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