It's a matter of conjecture, I merely solicited your opinion. Personally, given the long-standing arrangement I think it would be hard for SCG to raise fees significantly at this point without their motives being called into question.
As for SCG's stake in CDP, I know that SCG are stretched at present but I would have thought personally that now might be a good time to wrap it up so to speak. At a market cap of $200m or so for CDP and already owning 65% or thereabouts why not make an offer and be done with it? $100m for the 35% they don't already own and it's likely to be all over red rover. In for a penny, in for a pound.
When will they get a better opportunity?
Egregiously cheap, but...., page-16
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Last
$4.30 |
Change
-0.050(1.15%) |
Mkt cap ! $340.8M | |||
| Open | High | Low | Value | Volume |
| $4.32 | $4.32 | $4.30 | $14.67K | 3.406K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9271 | $4.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.35 | 202 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$4.34 |
Change
-0.050 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| $4.32 | $4.34 | $4.30 | 120446 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| CDP (ASX) Chart |