Joewolf beg to differ
The shares are trading at a 25% discount to their assessed 30 June NTA. I know of no other investment in CVC’s portfolio that will make an instant 25% after tax return. Moreover for every share bought back the NTA of the remaining shares improves. Best investment in town.
Indeed given prevailing interest rates it is still viable for CVC to borrow to buy back on market.
IMO
DYOR
Clare
Joewolf beg to differThe shares are trading at a 25% discount to...
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Last
$1.72 |
Change
-0.080(4.44%) |
Mkt cap ! $200.9M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.72 | $1.67 | $17.08K | 10.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 236 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
$1.72 |
Change
-0.080 ( 3.64 %) |
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| Open | High | Low | Volume | ||
| $1.68 | $1.72 | $1.68 | 3513 | ||
| Last updated 15.59pm 03/06/2024 ? | |||||
| CVC (ASX) Chart |