yes I must admit I dont know why the AFR is being such a hound dog!
Read tonight in the AFR that the EPA is looking at the CWY operations. I started watching this stock at $1.88 and grumbled when i watched it go to $2.50!
But now I think there has to be a different risk profile (higher) on this stock. Prior to all this the fact that more unsavoury things might come up were remote so risk was low..now if something nasty does come out (and the AFR seems bent on looking in all the closets) then the share price could fall a lot.
So at $2 I am not brave enough. $1.5 seems more safe to me with less downside risk.
I would like to own it though, I like the recycle story.
yes I must admit I dont know why the AFR is being such a hound...
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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 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| CWY (ASX) Chart |