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
$5.07 |
Change
-0.020(0.39%) |
Mkt cap ! $1.580B | |||
| Open | High | Low | Value | Volume |
| $5.07 | $5.08 | $4.89 | $2.540M | 506.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4456 | $5.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.08 | 4500 | 2 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| CU6 (ASX) Chart |