"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...
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Last
66.5¢ |
Change
0.005(0.76%) |
Mkt cap ! $198.0M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.5¢ | 66.0¢ | $42.43K | 64.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4581 | 65.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 26120 | 4 |
View Market Depth
| Last trade - 15.50pm 30/07/2025 (20 minute delay) ? |
| CDM (ASX) Chart |