Well that chart paints an ugly picture at the moment for an exploration company yet to prove their resource!!! Other factors may also reflect the current fall in the price,
- Palladium and platinum, in September had a fifth straight month of decline as the semiconductor shortage has hampered vehicle/catalytic converter production.
- Board changes
- Demerger of greenfield gold tenements chasing large scale deposits.
- The emerging global uncertainty with China property shenanigans and US inflation concerns.
Hopefully volatility will subside and fair value will represented in the value of the resource in the ground, but at this stage CHN's fate is still in the hands of the speculator.
Well that chart paints an ugly picture at the moment for an...
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Last
$1.14 |
Change
0.020(1.79%) |
Mkt cap ! $441.4M | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.15 | $1.12 | $3.158M | 2.794M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 20306 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.14 |
Change
0.020 ( 1.79 %) |
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| Open | High | Low | Volume | ||
| $1.12 | $1.15 | $1.12 | 762588 | ||
| Last updated 16.09pm 03/05/2024 ? | |||||
| CHN (ASX) Chart |