CBO 2.43% $1.81 cobram estate olives limited

Hey TillWaiting for your expert valuations, but as normal you...

  1. 4,132 Posts.
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    Hey Till

    Waiting for your expert valuations, but as normal you accuse me of dumping on this flee bitten dog yet your never there with flee powder .

    I see the management are using financial genius again . Pay an unsustainable dividend to fake respectability and then try to raise funds from what they consider fools . If they want to expand do like a Amazon and pay nothing and reinvest profits . The capital raise is going to cost big dollars to back by a broker so money thrown away for no reason when you could just use fake dividends to expand with . Where is the logic in this. Spend funds to issue a dividend only to pay money to raise more. No brains on the part of Bob A Job wasting shareholder money .

    You know its a sinking ship when the directors sell shares as they are doing. You dont sell a winner to clear debts if its going to be a cash cow but then if they are as financial astute as Bob A Job, well its possible but they only trash shareholder wealth not their own. Lets hope they use the money to clear their debts to the company and take their risk off the shareholders .


 
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Last
$1.81
Change
-0.045(2.43%)
Mkt cap ! $768.0M
Open High Low Value Volume
$1.85 $1.85 $1.80 $202.2K 109.5K

Buyers (Bids)

No. Vol. Price($)
2 5870 $1.81
 

Sellers (Offers)

Price($) Vol. No.
$1.83 3547 5
View Market Depth
Last trade - 11.04am 16/05/2024 (20 minute delay) ?
Last
$1.81
  Change
-0.045 ( 0.34 %)
Open High Low Volume
$1.85 $1.86 $1.79 3289
Last updated 11.19am 16/05/2024 ?
CBO (ASX) Chart
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