I don't know too much about them. As a newcomer who lucked upon the bottom, I've not yet even looked at those business units.
So what is a fair price for CL8? Let's forget today's price. Let's forget the old shareholders from the shell who wanted to cash out. All biases removed.
Imagine this company was about to list tomorrow. What should somebody reasonably expect to pay for it? Is 8-10c ($20-$25m) reasonable? Thoughts?
Now I am beginning to see why they want that 'buy back' of shares and currently are happy to do things on a shoe string.
US peer $200m valuation, page-4
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.220M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 96847 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 101771 | 1 |
View Market Depth
| Last trade - 16.12pm 08/07/2024 (20 minute delay) ? |
| CL8 (ASX) Chart |
Day chart unavailable