It’s just the market at the moment- still suffering US volatility shock. CAT is not posting green, therefore retail investors bail. Institutional investors, in the main, won’t play ball until a dividend is on the table. If CAT manage to post a profit by the end of the year (calander not FY) then it’s game on from a share price perspective. However, if the share price drops too low then unfortunately they will be looking ripe for a takeover probably from the US.
Ann: CAT reports solid H1 performance, reaffirms FY18 guidance, page-59
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Last
$3.39 |
Change
-0.110(3.14%) |
Mkt cap ! $638.2M | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.61 | $3.37 | $12.59M | 3.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4125 | $3.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.39 | 9989 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| CAT (ASX) Chart |
