Buyers, sellers and holders need to be ready for the release of the business update which will be released anytime over the next 4 weeks. Management normally will release the half yearly's and trading update around mid Feb,but sometimes they will give a guidance a couple of weeks prior. This is the first 6 months of full direct charging and will be a watershed event - the moment of truth has arrived. With the recent share price weakness some holders are taking the view all the good news is priced into the share and are cashing in. Ord Minnet who have the best research on CUS are predicting EPS of 31.6 so CUS is trading on a hypothetical PE of 9 at the moment. Current general market PE is 15.5. Predicted div return will be 70% of 31.6 + 8 cents cap return = 30 cents a share..predicted yield 10.6%. If CUS is revalued on a PE of 12 ie. Cabcharge trades on 11.9 then it has the potential to be revalued up to $3.80. Expect a speculation price spike in the coming weeks prior to the release - there normally is.
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Last
6.1¢ |
Change
-0.030(33.0%) |
Mkt cap ! $6.849M |
Open | High | Low | Value | Volume |
8.1¢ | 8.1¢ | 5.8¢ | $183.9K | 2.739M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 98621 | 6.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.3¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 98621 | 0.061 |
6 | 194750 | 0.060 |
2 | 32949 | 0.059 |
4 | 59388 | 0.058 |
1 | 62500 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.063 | 10000 | 1 |
0.064 | 14000 | 1 |
0.065 | 14000 | 1 |
0.067 | 23870 | 1 |
0.069 | 8000 | 1 |
Last trade - 13.54pm 01/07/2024 (20 minute delay) ? |
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