I would have thought this stock would at least match the market drop, not exceed it by a large margin.
They got through the GFC and had mark to market losses of $500M, but that is just an accounting thing, if the income is still there then they recover that is things mature.
Unless they have done something more risky today than they did in the GFC then surely this is overdone compared to many other stocks that I think should be down way more than they are.
Does anyone know if they have positioned any different to the GFC?
I would have thought this stock would at least match the market...
Add CGF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.84 |
Change
0.020(0.29%) |
Mkt cap ! $4.727B | |||
| Open | High | Low | Value | Volume |
| $6.88 | $6.94 | $6.80 | $9.811M | 1.433M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $6.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.95 | 1515 | 1 |
View Market Depth
| Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
|
|||||
|
Last
$6.83 |
Change
0.020 ( 0.06 %) |
||||
| Open | High | Low | Volume | ||
| $6.90 | $6.94 | $6.80 | 77794 | ||
| Last updated 15.59pm 25/04/2024 ? | |||||
| CGF (ASX) Chart |