Without sounding like a ramper, I have seen various SP push downs like CAJ's recent drop, for other value plays like GXL, ZNT and now NTC. Those companies were largely in the dog house over a period and then on H1 reporting or AGM day, they get a TO offer.
I have been expecting a TO here for a while as the industry consolidates. I think we are getting closer and I am sure PE is always in management's ear about the possibilities.
CAJ, page-33
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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¢ | 36.5¢ | $97.12K | 262.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 158769 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 139658 | 25 |
View Market Depth
| Last trade - 15.38pm 26/11/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |
