Would love to get an update on the restructure with this company and also some direction on operating conditions.
NTA of $2.16 v share price of $1.20 is a serious discount for a business like this, even if it does coat tail to an extent on the mining industry. Surely poor trading conditions are more than priced in. if the restructure is going to plan alone, that should ensure NTA stabilises. As they work back into profit in 2016 we should see some upswing in share price.
Looks an absolute bargain at $1.20, but would be great to get some information to the market on progress.
SP only 65% of NTA, page-3
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Last
$1.35 |
Change
-0.010(0.74%) |
Mkt cap ! $145.9M | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.35 | $1.34 | $30.29K | 22.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25150 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 667 | 1 |
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| Last trade - 10.19am 27/11/2024 (20 minute delay) ? |
| CYG (ASX) Chart |
