I'd say we're on that point where that is the risk already. However, it's only really a risk in the medium to long term when they're a dud, and with less favourable results.
It's something that certainly scares off those with a little more money to cast about because they can't easily buy a position, but if there's news worthy of a rerate then rerate it shall.
I held some shares in Yandal / YRL. Similar 100m SOI, but the top 20 own 70%! There were days there where a buy of $10k could take it from 50c to 90c if you weren't careful, but the market will continue to value you on your market cap and performance in the end.
And that's the summary for CNB. If it performs, the market cap will reflect its value irrespective of the SOI
I'd say we're on that point where that is the risk already....
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CNB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
39.5¢ |
Change
-0.020(4.82%) |
Mkt cap ! $67.91M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.0¢ | 38.5¢ | $88.59K | 224.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2200 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 1355 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CNB (ASX) Chart |