CGR 1.43% 6.9¢ cgn resources limited

Getting financing is huge for this co. CML has gone from capital...

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  1. 28 Posts.
    Getting financing is huge for this co. CML has gone from capital starved to having plenty of it.

    They could go out and make another two acquisitions like the one just made. Without raising any capital.

    I est F16PE of 10-11, but this drops dramatically if they use all excess capital (F16PE 5-6). And this assumes barely any margin improvement.

    Business isn't exactly the strongest and management have struggled but the risk reward on this investment is excellent.
 
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6.9¢
Change
-0.001(1.43%)
Mkt cap ! $6.445M
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7.0¢ 7.0¢ 6.9¢ $12.11K 175.4K

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No. Vol. Price($)
1 6981 6.9¢
 

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Price($) Vol. No.
7.0¢ 90 1
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Last trade - 14.04pm 22/11/2024 (20 minute delay) ?
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