Business Impact: The CEO Mike Tilley also resigned, with the deputy MD taking over. The Chairman says there will be no change to the business model or strategy. Positives include very low group net debt just $9m. CGF has still around $750m of surplus capital above what APRA requires. This positions CGF well to buy distressed assets. The new MD has much to clean up with the low reporting quality, despite voluminous disclosure. Can he lift cash flow?
Business Impact: The CEO Mike Tilley also resigned, with the...
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Last
$6.63 |
Change
0.060(0.91%) |
Mkt cap ! $4.582B | |||
| Open | High | Low | Value | Volume |
| $6.58 | $6.65 | $6.56 | $3.779M | 571.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 7336 | $6.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.63 | 4704 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| CGF (ASX) Chart |