The risk of posting on stocks pre results. Not the best of results to be honest.
Lower than I expected. And although I could rationalise this by stating the bad debts made the difference, fact is result was lower than I expected. Making me wonder if there is further weakness to be experienced here financially speaking.
Dividend was maintained - positive - however also above the stated 50% payout ratio. Not sure if maintained to support, or if this suggests the board is comfortable that the 2nd half will improve.
Still one to watch, however the result has tempered my opinion for the time being. Another weak half and definite share price weakness could be expected.
MJS
PS. Sold out post result to put my funds where more certainty.
- Forums
- ASX - By Stock
- CGR
- microcap with potential?
microcap with potential?, page-2
-
- There are more pages in this discussion • 2 more messages 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 CGR (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.445M |
Open | High | Low | Value | Volume |
7.0¢ | 7.0¢ | 6.9¢ | $12.12K | 175.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7160 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.2¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25976 | 0.078 |
1 | 100000 | 0.077 |
1 | 19137 | 0.076 |
1 | 20000 | 0.071 |
1 | 100000 | 0.068 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 124999 | 3 |
0.081 | 35000 | 1 |
0.085 | 50000 | 1 |
0.086 | 29000 | 1 |
0.090 | 19753 | 1 |
Last trade - 14.49pm 22/11/2024 (20 minute delay) ? |
Featured News
CGR (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online