CIM
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0.00% $22.00 cimic group limited

Free float has always been low for Cimic as it is majority owned...

  1. MikesLM
    1,468 Posts.
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    10/02/22
    15:51
    Post #: 59489090
    Free float has always been low for Cimic as it is majority owned ultimately by Spanish giant ACS group. Hochtief is a 70 odd % subsidiary of ACS group. I suspect ACS which controls Hochtief would ask it to leave its stake in Cimic.

    I didn't think the report was that bad to warrant such a large decrease today. The outlook appears positive to me.
    CIM Price at posting: $15.92 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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