CUP had, by my calculations, in the order of 6,750,000 shares in CLASS (CL1) but sold 500,000 of them last year at a fat profit. Fine.
But unless CUP has in the meantime sold more CLASS shares, it is sitting with 6,250,000 of them. The SP of CLASS has been dropping steadily for months in a competitive market, and one wonders how this will affect the CUP results and outlook. I am not optimistic.
CUP and CLASS
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Last
84.5¢ |
Change
-0.005(0.59%) |
Mkt cap ! $142.6M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 85.5¢ | 83.8¢ | $104.4K | 123.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14373 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.5¢ | 15606 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CUP (ASX) Chart |