I read a number of comments in previous threads that claim large majority of CMW's assets are in Australia. Not sure what I'm missing, the HY23 result presentation is showing clearly 41% are in Australia and ~52% in Europe.
Wouldn't it make sense for the SP being beaten down so badly with current concerns of the war, WFH and high interest rate?
Situation wise, let's say absolute worse case scenario the entire Europe become war zone, to only concern of company assets/shares for the moment, are we just assuming all 52% of assets gets wipe out?
I don't imagine CMW would go bankrupt, except just being heavily wounded, reporting substantial loss and further down on SP.
Apart from that I do think this is a good time to buy CMW.
CMW Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held
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