CGF 1.59% $7.01 challenger limited

Possible trend reversal?1. CGF holding onto 11.2B of cash...

  1. 229 Posts.
    lightbulb Created with Sketch. 4
    https://hotcopper.com.au/data/attachments/1797/1797047-796d64932614fb9894ff4d8eafe2884f.jpg
    Possible trend reversal?

    1. CGF holding onto 11.2B of cash driving their EV to 840 million.
    2. EV/EBITDA is only 1.15X
    3. market cap 4.8B with cash of 11.2B. Well poised to drive out any economic downturn/ buy back shares.
    4. Cash per share 18.52.
    5. Price 7.8. So that's $10.7 extra we are getting per share?

    Concerns.
    1. Debt/equity: 204%

    let me know your thoughts.
 
watchlist Created with Sketch. Add CGF (ASX) to my watchlist
(20min delay)
Last
$7.01
Change
0.110(1.59%)
Mkt cap ! $4.844B
Open High Low Value Volume
$6.96 $7.02 $6.92 $9.540M 1.363M

Buyers (Bids)

No. Vol. Price($)
1 4799 $6.97
 

Sellers (Offers)

Price($) Vol. No.
$7.02 19229 4
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
CGF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.