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64.5¢ count limited

Ann: CUP Announcement - Acquisition of Count Financial, page-7

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danbradster

6,147 Posts.

1491

13/06/19

16:51

Post #: 39045509
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Originally posted by vegemite: ↑

CBA wants to steamline their business. Tough times ahead for banks when more and more people will not be able to repay their loans.

Selling their holding will boost their balance sheet.

CUP, a bargain for that price.

I think CBA anticipated that selling to CUP would boost the CUP share price.

A higher CUP price equals a better return when CBA sell.

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I don't think selling Count will help their balance sheet, but will help their reputation. They don't want to be associated with advice, it seems.

CUP Price at posting: 66.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 64.5¢		Change 0.000(0.00%)		Mkt cap ! $108.8M

Open	High	Low	Value	Volume
66.5¢	66.5¢	64.5¢	$153	235

Buyers (Bids)

No.	Vol.	Price($)
2	11625	64.5¢

Sellers (Offers)

Price($)	Vol.	No.
67.0¢	8673	2

View Market Depth

No.	Vol.	Price($)
2	11625	0.645
1	18209	0.640
1	12099	0.635
3	24923	0.630
3	16100	0.625

Price($)	Vol.	No.
0.670	8673	2
0.675	2480	2
0.680	20764	3
0.690	100000	1
0.700	15000	1

Last trade - 16.10pm 02/10/2024 (20 minute delay)

CUP (ASX) Chart