CAJ 0.00% 38.5¢ capitol health limited

Well there is certainly some talk but not sure being 6 months...

  1. 2,729 Posts.
    lightbulb Created with Sketch. 184
    Well there is certainly some talk but not sure being 6 months off it will have too much effect just yet.
    Shorters were in control of caj on Friday imo.

    http://www.skynews.com.au/news/poli.../lambie-lashes-out-against-medicare-cuts.html

    http://www.theguardian.com/australi...ns-will-cost-cancer-patients-say-radiologists

    Imo, the drop to date has simply been because of increased debt used to make further investments in NSW so fair enough but should be a long term benefit. The latest drop was because of the government announcement to cut rebates. Ok I guess but doesn't affect the bottom line too much for the next 6 months.
    So, oversold imo and once the shorters let go of caj we'll see 26's to 30's shortly thereafter.
    All imo and dyor.
 
watchlist Created with Sketch. Add CAJ (ASX) to my watchlist
(20min delay)
Last
38.5¢
Change
0.000(0.00%)
Mkt cap ! $410.4M
Open High Low Value Volume
38.0¢ 38.8¢ 37.8¢ $1.212M 3.170M

Buyers (Bids)

No. Vol. Price($)
1 44713 38.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.0¢ 514570 11
View Market Depth
Last trade - 16.10pm 17/10/2024 (20 minute delay) ?
CAJ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.