I truly hope they stay out of the market. Leave the share buying to investors. They need the cash to repay the Convertible Bond which I think falls due for conversion or redemption next year. There is around $49 million left to settle and they should have the cash.
With interest rate hikes etc this is never going to trade near fair value until the company settles down. That means regular profits , regular and predictable dividends.
If they want to buy back hopefully they only do so on weakness.
Ann: Update on Significant Property Investments, page-4
-
- 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 CVC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.69 |
Change
-0.115(6.39%) |
Mkt cap ! $196.8M | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.69 | $1.69 | $2.067K | 1.227K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 2960 | 1 |
View Market Depth
| Last trade - 10.29am 28/06/2024 (20 minute delay) ? |
| CVC (ASX) Chart |