CVW clearview wealth limited

Quite a sound investment. When cvw sold to centrepoint the...

  1. 203 Posts.
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    Quite a sound investment.

    When cvw sold to centrepoint the financial advice businesses they got a 25% holding (48million shares @.25c a share) as part of the consideration. This was in August of 2021.also a cash consideration of $3.2M, total combine consideration of $15.2M

    fast forward to today, they have sold 19.9% of the holding (39.56million shares @33c a,share) for a gain of 8cents a share, profit therefore of $3.1M.

    Leaving a remaining holding in centrepoint shares of 8.4million @ todays shareprice of 27c a share or $2.2M.

    so ended up getting $15.2M + $3.1M + $2.2M = $20.5M for the business.

    be interesting to see if bulk of cash or even the remaining 5% odd is sold on market, and if so if the cash from profit and remaining share sell is paid as a special dividend!!!

    fingers crossed!
 
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(20min delay)
Last
44.5¢
Change
-0.015(3.26%)
Mkt cap ! $292.6M
Open High Low Value Volume
46.0¢ 46.5¢ 44.0¢ $188.9K 419.2K

Buyers (Bids)

No. Vol. Price($)
1 4737 44.5¢
 

Sellers (Offers)

Price($) Vol. No.
47.0¢ 468 1
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Last trade - 16.13pm 31/07/2025 (20 minute delay) ?
CVW (ASX) Chart
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