No doubt tongue in cheek D&C, but good to stir the pot on such a sh*tty day in the markets.
I have no value issues with NST, although yes I am a holder. 1B cash earnings/1.5B EBITDA for a 8B MC is fine by me. The real implication is in fact that comparatively CAI is way undervalued, which I think was your point. Was interesting to see NST ann a 300mil on market buyback. I expect with many producers flush with cash whilst at the same time having low SP, that buybacks will be a common capital management tool while these conditions continue. Smart and value accretive IMHO. Not that CAI will be in that position for a while to come.
PS: Grabbed some more CAI at 60.5 today
No doubt tongue in cheek D&C, but good to stir the pot on such a...
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $101.8M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $20.61K | 161.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 966588 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 1091343 | 16 |
View Market Depth
| Last trade - 11.55am 27/05/2024 (20 minute delay) ? |
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Last
12.8¢ |
Change
-0.005 ( 2.00 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 13.0¢ | 12.5¢ | 132424 | ||
| Last updated 12.58pm 27/05/2024 ? | |||||
| CAI (ASX) Chart |