Im still a bit confused by the share price performance. Surely nothing has changed with respect to the value of CDM other than the listing of TMC brings CDM closer to being able to realise any gains from this investment via sale of the holding or spin out? So assuming TMC holds reasonably steady CDM should at least trade in the 1.20-1.30 range, maintaining typical discount to NAV. Thoughts?
Ann: Investor Presentation September 2021, page-23
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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 |
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| Last trade - 15.28pm 22/07/2024 (20 minute delay) ? |
| CDM (ASX) Chart |