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 !
Interesting and purely coincidentally that the percentage of TMC...
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Last
74.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $222.0M | |||
| Open | High | Low | Value | Volume |
| 74.0¢ | 74.5¢ | 74.0¢ | $75.38K | 101.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 90999 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.5¢ | 122194 | 5 |
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| Last trade - 15.44pm 21/05/2024 (20 minute delay) ? |
| CDM (ASX) Chart |