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
$3.52 |
Change
0.020(0.57%) |
Mkt cap ! $2.530B | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.52 | $3.47 | $1.210M | 345.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12102 | $3.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.53 | 40145 | 25 |
View Market Depth
| Last trade - 12.56pm 23/07/2024 (20 minute delay) ? |
| CLW (ASX) Chart |