Could be a number of reasons
But suspect small cap fund managers may be buyers ,at recent Micro equities conference a couple asked pertinent questions
Today the company has a market cap of over $70 m ,that alone wil attract interest of other small cap managers
Techinically the stock is making higher highs & after breaking out of recent trading range this would attract any TA analyst ,but I don't see any traders here may be wrong but we need a pull back to determine strength
Ultimately earnings determine share prices & while I think Dr Brown has done a tremendous job since 2006 with likely record sales this f/y . Clover could easley be gobbled up by a multi .Am sue Soul Patts would be sellers at the right price
They have unique & a growing product list that would certaintly attract others .Not many small cap Aust companies that can spend up on R & D & turn into increase sales in a short time frame.
Can anybody name me 3 ,with similar market cap?
Could be a number of reasonsBut suspect small cap fund managers...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CLV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
54.0¢ |
Change
-0.005(0.92%) |
Mkt cap ! $90.17M | |||
| Open | High | Low | Value | Volume |
| 54.5¢ | 54.5¢ | 54.0¢ | $16.93K | 31.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18134 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 6023 | 3 |
View Market Depth
| Last trade - 10.42am 10/10/2024 (20 minute delay) ? |
| CLV (ASX) Chart |