The company reported Net Tangible Assets of $2.16/sh against a current price of $1.40. That's a substantial discount the market is imposing on the SP. A current DY of 4.5% (annualised, including the 100% franking credit) is not insignificant. While the current year showed a net loss, mainly due to restructure costs and write-offs, CYG still have cash to pay for the divvy and are forecasting improved performance and a return to profitability for the next fiscal year.
SP only 65% of NTA
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Last
$1.36 |
Change
0.000(0.00%) |
Mkt cap ! $145.9M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 6460 | 2 |
View Market Depth
| Last trade - 15.15pm 26/11/2024 (20 minute delay) ? |
| CYG (ASX) Chart |
Day chart unavailable
