When Helloworld sold its corporate business to CTD it received $100m in cash and $75 in shares, at that time HLO then held 2.5% of CTD.
Currently CTD ownership list shows HLO now owns 1840000 shares or 1.27% of CTD which should acquire the CTD dividend.
On that basis HLO has less exposure to CTD than it did in December 2021 when CTD shares were worth circa $21, seemingly having sold down its holding over time!
I continue to acquire HLO as I believe its true value is circa $3.4 with a forward PE of only circa 10.
DYOR
Ann: HLO FY24 Results Webinar, page-24
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Last
$1.86 |
Change
-0.045(2.37%) |
Mkt cap ! $298.8M | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.91 | $1.85 | $936.7K | 502.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 4431 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| HLO (ASX) Chart |