Interesting and purely coincidentally that the percentage of TMC comprises 18% of the NAV of CDM.
I also believe that, that was close to the percentage of the old Melbourne IT that dragged CDM down to the depths previously. Melbourne IT was 19.2% of the CDM portfolio in Nov 2017 and it dragged CDM down to an approx 40cent level last year. CDM also had a SPP/Capital raising at approx $1.43 a share previously.
As good as the CDM result was last year , there are always skeletons in the cupboard and obstacles to be negotiated. Obviously by today’s drop, there are investors that thought there was more in the tank than there was !
Ann: Successful Listing of TMC on the NASDAQ, page-10
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Last
72.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $217.1M | |||
| Open | High | Low | Value | Volume |
| 72.0¢ | 73.5¢ | 72.0¢ | $310.4K | 427.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52700 | 72.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 24769 | 2 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
73.0¢ |
Change
0.000 ( 0.69 %) |
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| Open | High | Low | Volume | ||
| 72.0¢ | 73.0¢ | 72.0¢ | 88088 | ||
| Last updated 15.10pm 03/06/2024 ? | |||||
| CDM (ASX) Chart |