One more thing. Correct me if I’m wrong because I don’t micro analyze this stock . But I read somewhere that a new/old large investor with a great track record is tipping this stock to value at 4-5 Bil based on recent takeover activity.
Sometimes companies use these public “ unofficial “ announcements to telegraph what they want from a potential suitor and to inform other potential suitors . That value seems about right from my reading.
In the haggling and depending on market conditions we are probably looking at a current fair valuation of about $3.5Bil, but that is going up on every announcement.
Alan knows what we have got.
CU6 - Media and Industry News, page-72
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Last
$4.98 |
Change
-0.220(4.23%) |
Mkt cap ! $1.551B | |||
| Open | High | Low | Value | Volume |
| $5.10 | $5.20 | $4.92 | $4.336M | 862.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11336 | $4.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.98 | 207 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| CU6 (ASX) Chart |