Except we just closed at $1.26.
And no, I wasn't advocating for a placement at less than NTA, I think on NTA would make more sense given they're always rabbiting on in webcasts about not paying a premium. I realise there's value in going higher, and they emphasised this in their announcement - "every dollar raised will increase the value of CDM on a per share basis", so I get your point, but I'd still rather not pay a premium to participate.
But as I said, it's only a small premium anyway, so it's a bit of a moot point, especially if Sept was a good month and the NTA has already increased closer to $1.259.
Except we just closed at $1.26. And no, I wasn't advocating for...
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Last
64.0¢ |
Change
0.005(0.79%) |
Mkt cap ! $190.5M | |||
| Open | High | Low | Value | Volume |
| 63.5¢ | 64.0¢ | 63.5¢ | $144.4K | 226.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 73921 | 63.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 61656 | 2 |
View Market Depth
| Last trade - 13.14pm 25/06/2025 (20 minute delay) ? |
| CDM (ASX) Chart |