"At the time of writing this newsletter, CDM is trading at a pre-tax NTA discount of around 11% whilst holding
some cash balances. If all the shares in the portfolio fell by 12% the pre-tax NTA would still be above the share
price."
Really?
The management presumably really believe that if all the shares held by CDM fell by 12% then the resulting new CDM share price would about match the new pre tax NTA.?!
In other words the discount to NTA would magically somehow evaporate during with a falling share portfolio value.
Ah!, the serenity.
Tell 'em their dreamin.
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- Ann: Investment Update and NTA March 2024
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Last
72.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $214.6M |
Open | High | Low | Value | Volume |
72.0¢ | 72.0¢ | 71.0¢ | $88.90K | 124.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 17034 | 71.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
72.0¢ | 28095 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 17034 | 0.710 |
10 | 194429 | 0.705 |
10 | 173062 | 0.700 |
1 | 10000 | 0.695 |
6 | 24326 | 0.690 |
Price($) | Vol. | No. |
---|---|---|
0.720 | 28095 | 2 |
0.725 | 53000 | 2 |
0.730 | 86338 | 5 |
0.735 | 48581 | 3 |
0.740 | 194965 | 4 |
Last trade - 15.28pm 22/07/2024 (20 minute delay) ? |
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