CDD 4.17% 25.0¢ cardno limited

I would be surprised if the SP drops down to $1. That would make...

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  1. 1,526 Posts.
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    I would be surprised if the SP drops down to $1. That would make the CR the worst possible outcome to shareholders. Just wondering if Cresent own 40% and FSS own 40% I mean they are obviously not buying and selling the stock they are just holding it. Does that mean that only the remain 20% is actually being traded on the market at the moment. And the volatility (downward spiral) that we are seeing is only in the last 20% of shares. Is that correct or am I missing something ?

    Just wondering how low the market can theoretically drive the stock down if 80% of the stock is held by insto's...(who I presume would not be selling)
 
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Last
25.0¢
Change
0.010(4.17%)
Mkt cap ! $13.28M
Open High Low Value Volume
23.0¢ 25.0¢ 20.5¢ $26.36K 110.0K

Buyers (Bids)

No. Vol. Price($)
1 50000 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 33444 2
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Last trade - 16.10pm 03/12/2024 (20 minute delay) ?
CDD (ASX) Chart
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