Not sure really. Longer term the discount averages between 5 and 10%. So the mid $1.20 range might make sense on a normal basis. Then a further discount for concentration risk in a spec stock. Hence current price makes sense.Karl's talk of holding this defies any normal risk management process. Locking in performance fees makes materially more for him than a few percent share price move. There is literally no other reason to spin it off.
Not sure really. Longer term the discount averages between 5 and...
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Last
74.0¢ |
Change
-0.005(0.67%) |
Mkt cap ! $220.3M | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 75.5¢ | 74.0¢ | $217.8K | 291.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7900 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.5¢ | 25000 | 1 |
View Market Depth
| Last trade - 15.54pm 02/10/2024 (20 minute delay) ? |
| CDM (ASX) Chart |