At face value this looks like a pretty shitty deal for long term holders of CGR.
Values business at 51c including div of 3c way too low.
CGR currently trades at PE of around 10 & COG a PE of around 20.
Seems to me I'm swapping shares in a grossly undervalued company to one that is grossly overvalued.
Asking for more money adds insult to injury. Pay out a div then raise more money?
Anyone else have any thoughts?
- Forums
- ASX - By Stock
- Ann: Consolidated Operations Group and CML Group-Merger of Equals
At face value this looks like a pretty shitty deal for long term...
-
- There are more pages in this discussion • 178 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
Add EPY (ASX) to my watchlist
|
|||||
Last
18.0¢ |
Change
-0.035(16.3%) |
Mkt cap ! $53.50M |
Open | High | Low | Value | Volume |
21.5¢ | 21.5¢ | 18.0¢ | $31.53K | 159.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 19745 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 13333 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 11373 | 0.180 |
4 | 104942 | 0.175 |
2 | 113653 | 0.170 |
4 | 464646 | 0.165 |
5 | 425877 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 13333 | 1 |
0.210 | 53384 | 1 |
0.215 | 4339 | 1 |
0.220 | 14631 | 2 |
0.230 | 2217 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
EPY (ASX) Chart |