I agree. I am a long term holder and consider CGF at these prices a steal. However someone with some market muscle sees it differently.
From what I can pick up from around this chat site is that UBS is or could be the shorter.
The question that bothers me is do they see something structural unsound with the CGF model? Therefor increasing their bets over time.
Or are they just opportunist, taking advantage of the RC and the negative sentiment surrounding the financial sector? Therefor they will back off once sentiment turns?
I agree. I am a long term holder and consider CGF at these...
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Last
$6.73 |
Change
0.100(1.51%) |
Mkt cap ! $4.651B | |||
| Open | High | Low | Value | Volume |
| $6.69 | $6.83 | $6.64 | $5.426M | 803.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4064 | $6.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.78 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| CGF (ASX) Chart |