Agree. 4.1% is no small chunk of the company to be investing back in and would cost ~96 million in capital assuming $16 or less purchase price per share. Given not many shares are typically traded with CTD on average, I'd be confident it'll will eventually lead to a decent price hike based primarily on the selling liquidity drying out. Last time I saw this was with TPW when it had a respectable earnings and share price collapsed. They are now trading over $12 following through with continually good earnings and changed sentiment. CTD's average broker rating still lies around ~$22.46 which is a substantial premium to where it currently trades (15 Buy 5 Hold 1 Sell).
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Last
$12.98 |
Change
-0.050(0.38%) |
Mkt cap ! $1.899B |
Open | High | Low | Value | Volume |
$12.97 | $13.05 | $12.79 | $8.927M | 688.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3292 | $12.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.98 | 1702 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 8276 | 12.820 |
1 | 100 | 12.800 |
1 | 155 | 12.750 |
1 | 864 | 12.720 |
1 | 79 | 12.670 |
Price($) | Vol. | No. |
---|---|---|
13.100 | 1 | 1 |
13.110 | 1188 | 1 |
13.120 | 200 | 1 |
13.230 | 2 | 1 |
13.260 | 600 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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CTD (ASX) Chart |