CGF 1.57% $7.11 challenger limited

The biggest risk with this company is the management... I have...

  1. 504 Posts.
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    The biggest risk with this company is the management... I have no idea what the strategy is or what they're doing... nudda.

    have a look at their recent sub notices. BUY SUL... SELL SUL... BUY SUL at a higher price? buy that retailer but sell LOV, another retailer? do they think one will outperform the other... it just looks all over the place and random.

    When you're managing money to the tunes of billions, you need to generate ideas that will make money over long periods... at the moment they are like an autumnal leaf swaying in the wind as it slowly falls to the ground. Swinging this way and that unable to master its own path forward.

    I personally don't think this mob are capable of making real profits (none of this Profits before ABCDEFGHXYZ crap).

    I hold some shares, and the only reason they're staying in the portfolio is because some genius once told me about uncorrelated returns and apparently you need some of that in a portfolio... while the rest of my portfolio marches up this CGF keeps tripping down...
 
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Last
$7.11
Change
0.110(1.57%)
Mkt cap ! $4.913B
Open High Low Value Volume
$7.06 $7.17 $7.05 $9.893M 1.390M

Buyers (Bids)

No. Vol. Price($)
1 1400 $7.07
 

Sellers (Offers)

Price($) Vol. No.
$7.12 4799 1
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
$7.10
  Change
0.110 ( 1.49 %)
Open High Low Volume
$7.04 $7.17 $7.02 178420
Last updated 15.59pm 29/03/2024 ?
CGF (ASX) Chart
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