Can you elaborate on what did your friend mean by moat? Is it just as you wrote being the random / disparate locations of CAJ acquisitions making them logistically unviable for takeover?
Luckily in the investing game there's one reason that ranks above all moats: $$. If CAJ is making money, it's a target for somebody. A buyer could always takeover CAJ, then offload the undesired Old Kent Road subsidiaries (even at fire sale prices) just to keep the Mayfairs. I miss monopoly now.
Can you elaborate on what did your friend mean by moat? Is it...
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Last
38.0¢ |
Change
0.020(5.56%) |
Mkt cap ! $341.1M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 38.0¢ | 36.5¢ | $366.6K | 980.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1394 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 193185 | 6 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |
