Crescent wants a low shareprice remember, they are still buyers.
They don't want to report too much cash but I think they are prudent and living within their means.
This is one of the most gold plated and aggressive turnarounds I have seen.
The results are still awful, it's only the shareprice which has recovered.
It's not unusual for a turnaround to take 7 years but these guys will smash it back to 3.
It's really the best way to do it, the market is very short term focussed and typically would punish a company for acting in this way. Zero ducks given by Crescent.
Crescent wants a low shareprice remember, they are still buyers....
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $13.28M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.0¢ | 17.0¢ | $4.227K | 23.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49047 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 184 | 1 |
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| Last trade - 15.56pm 22/11/2024 (20 minute delay) ? |
| CDD (ASX) Chart |
