Divide current price $1.37 by 11 and it gives you 12.5c a share based on the pre-merged Catalpha company.
Prior to consolidation CAH was traveling at around 15c I seem to remember so the cost to me so far is about 16% on the downside. I figure there wont be much action until they start pouring gold at Westonia and the share in the other mining entity (30%) whose name escapes me, becomes more crystal clear i.e 100% takeover or sellout off.
I would not be surprised to see the share price fall to $1 in the next 6 months. It is a longer term hold for me so I just wait.
- Forums
- ASX - By Stock
- price of shares
Divide current price $1.37 by 11 and it gives you 12.5c a share...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online