CHN have a history of investing company funds into other mineral exploration companies. They did so in 2019 on Spectrum Metals. I believe the ticker was SPX and they made a couple of bags.
it’s possible they realise the palladium market may be in a trough for sometime and they have over $100m to deploy so they may simply be looking for a short term return here.
CHN have a history of investing company funds into other mineral...
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Last
38.0¢ |
Change
-0.015(3.80%) |
Mkt cap ! $170.9M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 39.5¢ | 37.5¢ | $232.5K | 595.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6961 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 40285 | 2 |
View Market Depth
| Last trade - 15.57pm 24/05/2024 (20 minute delay) ? |
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Last
37.5¢ |
Change
-0.015 ( 5.06 %) |
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| Open | High | Low | Volume | ||
| 39.5¢ | 39.5¢ | 37.5¢ | 52894 | ||
| Last updated 14.57pm 24/05/2024 ? | |||||
| ENR (ASX) Chart |