CGX 0.00% $2.72 cga mining limited

c$3.47 valuation by mirabaud report, page-3

  1. 1,537 Posts.
    lightbulb Created with Sketch. 145
    I can't understand it either.

    The stock is trading at < 10 PE and will be trading at PE ~ 6 next year. Considering the large resource cgx has why would it be trading at PE < 10.

    The only explaination I can think of is that top 20 holds over 70% of the shares, so the stock is not very liquid...

    ah well, it ticks all my boxes, so we'll wait and see...
 
watchlist Created with Sketch. Add CGX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.