CGH 0.00% 11.5¢ calibre group limited

Ann: Earnings Guidance Update , page-22

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  1. 10,513 Posts.
    lightbulb Created with Sketch. 64
    if 84% of shares are tied up in escrow then that explains it all there are only about ~50m shares out of 307m that are tradeable

    and 25m are held by institutional investors
    and another 25m held by retail investors

    thus there are only two possible sellers and they are institutional investors and/or retail investors

    in that case looks overdone to me caused by panic due to lack of liquidity

    any other thoughts on this?
 
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