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DollarDan

1,485 Posts.

16/01/17

13:53

Post #: 21921968
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Originally posted by gassed ↑

G'day DD. I've had quite a few BBQ chats over the break with people who have been following CM8 from the start and who also talk to others in the investment world. There is great expectation out there, but, the consensus is really what we have been saying for a long while.

They are perceived as being under funded, going right back to day one with the relative "failure" of the CR and having been stuck with very expensive borrowing, in what was a very buyer friendly market, ending up with a very high vendor "liability" (which is still there) and being a relatively new venture, not well understood by the investment world, based in Europe, people are just sitting there waiting for basic fundamental information that supports the initial hype and confidence, before diving in.

They agree with my view that IF the "right" numbers and words come up, it will be a rapid uptake.
So, it's all about whether one believes , or doesn't, as to who buys now, or sells.

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Nicely put Gassed. I guess we wait and see who shows up and when. Good luck mate. Hopefully there's some reward for all this risk....

CM8 Price at posting: 9.0¢ Sentiment: Hold Disclosure: Held
6 Upvote

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(20min delay)
Last 1.6¢		Change -0.001(5.88%)		Mkt cap ! $19.65M

Open	High	Low	Value	Volume
1.7¢	1.7¢	1.6¢	$72.84K	4.540M

Buyers (Bids)

No.	Vol.	Price($)
3	441703	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	59562	1

View Market Depth

No.	Vol.	Price($)
3	441703	0.016
12	2252000	0.015
5	2251225	0.014
6	1105389	0.013
3	1400000	0.012

Price($)	Vol.	No.
0.017	59562	1
0.018	620000	2
0.019	1345000	4
0.020	1138888	5
0.021	1804688	8

Last trade - 16.10pm 07/10/2024 (20 minute delay)

UNT (ASX) Chart