I had a quick look at them. Presumably this is part of their high conviction fund. They state in their latest report that they generally think this is the start of a negative earnings cycle (not specific to CLG). So they may be managing their position with it not being company specific. In any case, I am only speculating...
Ann: Change in substantial holding from CGF, page-8
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Last
32.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $172.8M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 32.5¢ | $159.4K | 488.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 166442 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 45000 | 3 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| CLG (ASX) Chart |