At the moment CAMPA seem to be a better buy then CAM ordinaries. Over the next two years, a $1 investment in CAMPA yields 51c in gross dividends and leaves you with .95 CAM shares - a $1 investment in CAM yields 14c in gross dividends and leaves you with 1.1 CAM shares. If CAM maintains the same price, the IRR comparison is 11% vs 7.5% in favour of CAMPA. If the CAM price has increased to $1 by the conversion date in 2017, then the IRR comparison is 15.5% vs 12.7% - in fact the CAM share price would have to increase to $2 before CAM becomes a better investment than CAMPA, at which time the IRR’s are well over 50%.
IMO management would be better off buying back CAMPA.
At the moment CAMPA seem to be a better buy then CAM ordinaries....
-
- There are more pages in this discussion • 3 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 CAM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
82.0¢ |
Change
0.005(0.61%) |
Mkt cap ! $119.2M | |||
| Open | High | Low | Value | Volume |
| 81.5¢ | 82.0¢ | 81.5¢ | $1.095M | 1.343M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28489 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.0¢ | 21612 | 2 |
View Market Depth
| Last trade - 15.57pm 28/06/2024 (20 minute delay) ? |
| CAM (ASX) Chart |