In that interview he explained the quirks of the deeming provisions as applied to reverse takeover accounting, something which was contained in the notes to the interim accounts, but which I suspect tripped up a great number of lay investors, but created a very good buying opportunity for others:
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I think the prospects for this little business (or, more accurately, three really little businesses now bolted together to form one little business) are excellent, with tailwinds aplenty.
However they are trying to eat an elephant, so further capital raisings are near-certain, I think, which is an important consideration for portfolio sizing.
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Last
31.5¢ |
Change
0.035(12.5%) |
Mkt cap ! $167.5M |
Open | High | Low | Value | Volume |
28.5¢ | 31.5¢ | 28.5¢ | $169.8K | 560.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 90000 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 64721 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 42390 | 0.305 |
1 | 15000 | 0.300 |
1 | 25000 | 0.295 |
1 | 27586 | 0.290 |
1 | 38888 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 44810 | 2 |
0.320 | 2000 | 1 |
0.325 | 5000 | 1 |
0.330 | 85909 | 4 |
0.335 | 70000 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
CLG (ASX) Chart |
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