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!
- Forums
- ASX - By Stock
- Ann: ClearView Sells CAF Equity Stake
Quite a sound investment. When cvw sold to centrepoint the...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVW (ASX) to my watchlist
(20min delay)
|
|||||
Last
57.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $374.3M |
Open | High | Low | Value | Volume |
56.5¢ | 57.5¢ | 56.5¢ | $775.6K | 1.360M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 23468 | 56.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
57.5¢ | 74265 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 23468 | 0.560 |
1 | 25000 | 0.555 |
1 | 50000 | 0.550 |
1 | 100000 | 0.530 |
2 | 50000 | 0.525 |
Price($) | Vol. | No. |
---|---|---|
0.575 | 74265 | 1 |
0.580 | 8774 | 1 |
0.585 | 40574 | 2 |
0.590 | 135397 | 4 |
0.595 | 36940 | 2 |
Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
|
|||||
Last
57.0¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
56.5¢ | 57.5¢ | 56.5¢ | 372974 | ||
Last updated 15.54pm 04/06/2024 ? |
Featured News
CVW (ASX) Chart |