Except we just closed at $1.26.
And no, I wasn't advocating for a placement at less than NTA, I think on NTA would make more sense given they're always rabbiting on in webcasts about not paying a premium. I realise there's value in going higher, and they emphasised this in their announcement - "every dollar raised will increase the value of CDM on a per share basis", so I get your point, but I'd still rather not pay a premium to participate.
But as I said, it's only a small premium anyway, so it's a bit of a moot point, especially if Sept was a good month and the NTA has already increased closer to $1.259.
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Last
70.0¢ |
Change
0.005(0.72%) |
Mkt cap ! $215.9M |
Open | High | Low | Value | Volume |
69.5¢ | 70.0¢ | 69.3¢ | $87.10K | 125.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 68629 | 69.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
70.0¢ | 19974 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 90407 | 0.900 |
5 | 65550 | 0.895 |
7 | 82712 | 0.890 |
6 | 31248 | 0.880 |
2 | 18368 | 0.870 |
Price($) | Vol. | No. |
---|---|---|
0.905 | 2135 | 1 |
0.910 | 6984 | 1 |
0.915 | 20226 | 2 |
0.920 | 75338 | 3 |
0.925 | 29832 | 2 |
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CDM (ASX) Chart |