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
33.5¢ |
Change
-0.005(1.47%) |
Mkt cap ! $178.1M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 33.0¢ | $174.9K | 519.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 252277 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 42980 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CLG (ASX) Chart |