Bought some CDM today for the first time as part of my LIC discount portfolio. The stocks held are not the worst. I am working on the basis that as some point the discount to NAV is so large (with undervalued stock) that either the gap is closed or an offer is made probably at a discount, The problem is the underlying stock keeps falling each day and it is like catching a falling knife! I do feel sorry for long terms holders I could see a 20-30% pop over 2 -3 years but I very much you will ever get back to the lofty heights. When will they be updating their NAV???
Bought some CDM today for the first time as part of my LIC...
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Last
66.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $198.0M | |||
| Open | High | Low | Value | Volume |
| 65.5¢ | 66.5¢ | 65.5¢ | $229.8K | 347.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 56496 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 72570 | 4 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| CDM (ASX) Chart |