I'm a buyer at $2 or below but only once they have raised ~$700m of equity at $2.50 per share or less to de-lever.
The only thing that might save CLW from an equity raise is if they can offload some of their assets at relatively close to book. I know a lot of their assets are being shopped around so it's maybe possible.
I'm a buyer at $2 or below but only once they have raised ~$700m...
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Last
$3.89 |
Change
0.030(0.78%) |
Mkt cap ! $2.808B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.93 | $3.86 | $6.241M | 1.602M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 21675 | $3.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.91 | 26862 | 4 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| CLW (ASX) Chart |