It's tricky. There's where I would like the share price to be, then there is where I think the share price should be and then there is reality.
Shaw & Partners had a price of 35 cents a couple of weeks before the HY results were released. That feels about right at the moment. The HY results saw an upgrade to guidance but the balance against that is how much cash the board just set fire to with this T/O and that won't be known for a while. Good news is there is plenty of cash in the bank to pay down all debt, hopefully we will.
Reality?
Some one sold 15,120,000 at 27.25 cents this afternoon.
Ann: IDX: Lapse of Capitol Health Bid, page-4
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Last
37.0¢ |
Change
-0.010(2.63%) |
Mkt cap ! $341.1M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 37.5¢ | 36.8¢ | $62.25K | 167.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 63374 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 17035 | 10 |
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| Last trade - 10.59am 26/11/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |
