That would be great. But I think that is too optimistic. I expect the following:
- $5M placement
- price per new share: 30c or slightly higher
- retail investors will not be allowed to participate
- company will be able to raise the complete requested amount
- Mr. Friedland will increase his holding, but will stay under 20%
- share price will drop to 29c-30c on high volume within next week
If the company is able to raise the complete requested amount this will be a good sign. The CR might offer a very good opportunity to accumulate in my opinion. If the SP drops below 30c, I will definitely buy more shares.
We will soon find out who is right. I cross fingers for you, since the outcome you expect is much better for us.
- Forums
- ASX - By Stock
- CNQ General Discussion
That would be great. But I think that is too optimistic. I...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNQ (ASX) to my watchlist
(20min delay)
|
|||||
Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.15M |
Open | High | Low | Value | Volume |
28.0¢ | 28.0¢ | 27.5¢ | $808 | 2.894K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.280 |
5 | 28691 | 0.275 |
1 | 2500 | 0.265 |
4 | 24966 | 0.260 |
1 | 3921 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.285 | 10000 | 1 |
0.290 | 48748 | 1 |
0.295 | 27908 | 1 |
0.300 | 23371 | 1 |
0.305 | 60000 | 1 |
Last trade - 12.00pm 05/06/2024 (20 minute delay) ? |
Featured News
CNQ (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
Previous Video
Next Video
SPONSORED BY The Market Online