Just in terms of the comment about management turning $500M into $35M; I'd say this. Obviously, management can't control Share Price and therefore Market Cap. A valid balanced view here could be that CCP were too pricey at over $12 and are now cheap (my view only) at 82 cents. Many fine companies have fallen out of bed and come back again quickly (ALL QBE WBC etc.).
Sure they almost always fall for a good reason. However, as I said before, CCP looks priced as though it were about go broke or get dismantled (like AFG RHG CNP), but I don't think that is going to happen.
Also take a look at the various changes CCP have made to remedy the problems. They have removed a lot of what appears to have caused the setbacks. So guys lets wait and see shall we? and Standup, you can get the "told you so" megaphone ready. I hold this stock too obviously, having bought at lower levels based on the above.
S
- Forums
- ASX - By Stock
- director buying
Just in terms of the comment about management turning $500M into...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CCP (ASX) to my watchlist
|
|||||
Last
$15.47 |
Change
-0.290(1.84%) |
Mkt cap ! $1.052B |
Open | High | Low | Value | Volume |
$15.85 | $15.99 | $15.45 | $1.944M | 125.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 67 | $15.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.47 | 527 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 67 | 15.450 |
1 | 168 | 15.430 |
1 | 567 | 15.410 |
2 | 229 | 15.400 |
1 | 65 | 15.390 |
Price($) | Vol. | No. |
---|---|---|
15.470 | 527 | 1 |
15.530 | 300 | 1 |
15.570 | 567 | 1 |
15.590 | 645 | 2 |
15.620 | 567 | 1 |
Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
Featured News
CCP (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online