By the looks of it, things aren't black or white.Sounds like a lot of grey which could easily be perceived by market participants that CGF was vulnerable to a property slowdown.
I am going to grossly oversimplify, could it be that some think that CGF has a "subprime" problem? Remember RC revealed lax lending standards with a excessive reliance of interest only loans by the banks.
Why has the share dropped., page-94
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Last
$6.89 |
Change
0.020(0.29%) |
Mkt cap ! $4.761B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $6.99 | $6.88 | $7.286M | 1.052M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1818 | $6.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.90 | 13335 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CGF (ASX) Chart |