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55.0¢ count limited

CUP market cap before DVR acquisition $62M. Paid $54M for DVR....

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17 Posts.

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01/03/24

16:37

Post #: 72700381
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Originally posted by rvajna: ↑

Overpriced at the 67 cents in your post @Squeaks. Now 61 cents but I would prefer them around the 52 week low of 51 cents.

I got these puppies as a result of the DVR takeover and can wait before topping up. Valuation and timing is everything in the market. If you get that wrong even with big blue chip companies then you are going to have your cahones roasted.

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CUP market cap before DVR acquisition $62M. Paid $54M for DVR. Issued shares today 169M up from 111M shares. Share price drops today to 60cents. In reality market has spoken about the acquisition and wiped $15M or close to 14%. 1+1=1.7. CBA needs to put this in play and unlock value for shareholders.

CUP Price at posting: 60.5¢ Sentiment: Sell Disclosure: Held
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(20min delay)
Last 55.0¢		Change 0.005(0.92%)		Mkt cap ! $91.99M

Open	High	Low	Value	Volume
55.0¢	55.0¢	55.0¢	$2.75K	5K

Buyers (Bids)

No.	Vol.	Price($)
2	36964	54.5¢

Sellers (Offers)

Price($)	Vol.	No.
55.0¢	32896	1

View Market Depth

No.	Vol.	Price($)
2	36964	0.545
3	98775	0.540
2	57500	0.535
3	36250	0.530
1	40000	0.525

Price($)	Vol.	No.
0.550	32896	1
0.560	38784	3
0.565	74718	2
0.570	5760	1
0.575	17780	1

Last trade - 10.16am 28/05/2024 (20 minute delay)

CUP (ASX) Chart