I think the Fin Review reckons they are a Short Selling Research House. Or maybe they are a mouthpiece for some of them?![]()
Anyway, I have been bearish on Cleanaway's valuation, but not the long term fundamentals, and at these prices has given me an opportunity to buy-in. There is some downside risk still in the short term, so kept some of my powder dry. But let the Fin Review keep smashing the price down, just gives more opportunity to accumulate.
But once Dan Andrew's makes an announcement on the West Gate Tunnel soil, and (fingers crossed) accepts Cleanaway's proposal, watch how the sentiment will change. It's not just the hundreds of millions of dollars of revenue this provides, but it's the fast-track approval process for another soil management and reuse asset that they will end up with - paid by the Government.
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Last
$2.83 |
Change
-0.020(0.70%) |
Mkt cap ! $6.310B |
Open | High | Low | Value | Volume |
$2.84 | $2.87 | $2.83 | $7.846M | 2.762M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 292912 | $2.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.84 | 1761 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 292912 | 2.830 |
5 | 67431 | 2.820 |
8 | 65687 | 2.800 |
3 | 10809 | 2.790 |
2 | 10024 | 2.780 |
Price($) | Vol. | No. |
---|---|---|
2.840 | 1761 | 1 |
2.860 | 46971 | 4 |
2.870 | 45290 | 4 |
2.880 | 28994 | 4 |
2.890 | 7218 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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