Hi Jon Shaw have stated to sell into strength Hi Jon Shaw have stated to sell into strength---on the extreme short----but I'm sure you'd agree (without wishing to speak on your behalf) if the company improves itself--some things as you know are outside of it's control in this regard (margins) (but are better than they were) and its grocery strategy works which they started an a few years ago---to get away from reliance on oil---and more into supermarkets---I see Sir Ron Brierly to finance the partial acquisition of CTX---restoriung the dividend--so as to finance his loan costs.
I think from memory he has done this before--this is one of his strategies---which sounds like a good idea.
So I would see subject to all of the above happening--a valuation of more like 2.20---being appropiate---if CTX can really jazz it's act up--then higher---but at this stage 2.20
Cheers,--Steve.
Hi Jon Shaw have stated to sell into strength Hi Jon Shaw have...
Add ALD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$33.06 |
Change
-0.190(0.57%) |
Mkt cap ! $7.878B | |||
| Open | High | Low | Value | Volume |
| $33.34 | $33.60 | $33.04 | $43.15M | 1.294M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2397 | $33.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.06 | 4826 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| ALD (ASX) Chart |