I understand that the share price would be at a slight discount to cash backing based on the fact the money is not yet in the bank and there is no indication of where the money will be invested once it has been received...BUT at 24.5c the share price is more than 20% discount??
Seems way too much of a discount to me....after all parties have confirmed the sale, surely there is only a very small chance the money wont come through....
Will anyone speculate as to why still such a discount...surely investors are willing to take the 20% on offer??
- Forums
- ASX - By Stock
- CHN
- why is the sp down?
why is the sp down?, page-3
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CHN (ASX) to my watchlist
|
|||||
Last
$1.10 |
Change
0.035(3.30%) |
Mkt cap ! $425.9M |
Open | High | Low | Value | Volume |
$1.06 | $1.10 | $1.05 | $1.453M | 1.343M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15322 | $1.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.11 | 26105 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15322 | 1.085 |
1 | 15322 | 1.080 |
1 | 197 | 1.075 |
2 | 5791 | 1.065 |
1 | 500 | 1.060 |
Price($) | Vol. | No. |
---|---|---|
1.110 | 26105 | 3 |
1.115 | 55322 | 2 |
1.120 | 1820 | 1 |
1.125 | 2200 | 1 |
1.130 | 448 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
CHN (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online