I was wondering what the more technically minded folk out there think the fair value on CHN is given the current resource. We have a market cap of $1.58b - and the share price has had a great run. I thought the latest results were very encouraging but is the strong pullback we are seeing today a consolidation of the price and an indication that we might be fairly valued in the $4-$5 range ? Are we going to need to define a further resource in the State forest to really take us to the next level?
thanks in advance! best luck to all!
Fair Price for CHN with current resource ?
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 (20min delay)
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Last
$1.72 |
Change
0.040(2.38%) |
Mkt cap ! $669.0M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.76 | $1.69 | $5.444M | 3.163M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4064 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.72 | 19998 | 1 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
$1.72 |
Change
0.040 ( 2.41 %) |
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| Open | High | Low | Volume | ||
| $1.70 | $1.76 | $1.69 | 569686 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| CHN (ASX) Chart |