"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.
"At the time of writing this newsletter, CDM is trading at a...
Add CDM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
73.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $220.5M | |||
| Open | High | Low | Value | Volume |
| 73.5¢ | 73.5¢ | 73.0¢ | $196.0K | 266.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 200000 | 73.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.5¢ | 2949 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
|
|||||
|
Last
73.5¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 73.0¢ | 73.5¢ | 73.0¢ | 61586 | ||
| Last updated 15.52pm 16/05/2024 ? | |||||
| CDM (ASX) Chart |