"What do you think of the company priced at 16\17x ? Too expensive ?"
Not eye-poppingly so.
But not mouth-wateringly undervalued, either.
Put another way:
If I did not own CGF and was struggling to find good investment opportunities, then I would buy the stock on a P/E of 16/17x.
But given that I already have a meaningful portion of my capital invested in CGF, for me to want to add to my holdings would require a valuation level closer to 15x P/E
Potential takeover target, page-17
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Last
$6.91 |
Change
0.015(0.22%) |
Mkt cap ! $4.786B | |||
| Open | High | Low | Value | Volume |
| $6.96 | $6.96 | $6.89 | $6.097M | 882.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 4005 | $6.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.91 | 6888 | 30 |
View Market Depth
| Last trade - 12.12pm 15/07/2024 (20 minute delay) ? |
| CGF (ASX) Chart |