CVC got in a few years back when Trojan TJN decided to liquidate their assets. Since then they have been a patient holder.
It refers to purchases made in June for about $1 per share - 500k. (They held about 23% prior)
A major shreholder has to notify the ASX if their shareholding rises or falls by 1%, and this must be within 2 days to memory. So what this is I'm not sure. (Maybe some1 can explain it).
The new purchase takes them to about 24%. At 25% some special conditions come in I think.
But CVC is not a takeover operator. Fund manager.
I think what might have happened is that with recent buybacks, share base has reduced, and shares bought by CVC in June have now taken them past a notification point.
Whether they are buying now or not who knows.
However 1% rise or fall must be notified immediately.
Bad day with world affairs not looking good.
I feel such pity for those ppl.
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Last
$2.07 |
Change
0.000(0.00%) |
Mkt cap ! $212.6M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | $1.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.00 | 4009 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | 2.600 |
1 | 1000 | 2.590 |
1 | 16000 | 2.580 |
1 | 50780 | 2.530 |
1 | 1000 | 2.490 |
Price($) | Vol. | No. |
---|---|---|
2.650 | 5000 | 1 |
2.780 | 1886 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 16.12pm 28/11/2024 (20 minute delay) ? |
CVC (ASX) Chart |
Day chart unavailable