CTM 1.08% 47.0¢ centaurus metals limited

Sellers retreating. This is going above .02 soon., page-22

  1. 12,830 Posts.
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    As you probably know - I've always thought a lot of what has been recently going on with CTM has been more about the ' posturing ' and of gaining control of something which CTM has that some else wants.

    O.K so you can argue a strong case for the recent connection with the recent raising " including clients and affiliates of the Sprott Group (“Sprott”) - as well as new and existing sophisticatedhigh net worth (HNW) investors. " was a product of the recent mining conference held in Toronto this year However the speed in which this $10 million was put together and the fact that it represents near enough 1/3 of the total issued and available capital , tells me that it may have even been a preemptive ' defensive ' move to a certain degree.

    We also have the fact that of ALL the spec mining companies that Twynam Investments Pty Ltd could have selected on the ASX to not just park it cash , but more progressively accumulate ........and which at the same time is completely out of character in so far as what they would typically invest in. It clearly raises the additional questions as to why it then decides and chooses Centaurus Metals who's primary operations is exclusively located over 15,000 klms away in Brazil .

    So apart from the ' not so obvious ' link as previously stated with our own esteemed Barrister ' Chairman of CTM ' Mr D M Murcia AM, B. Juris, LL.Bto the ' OTHER ' Barrister Billionaire Messrs Mr Kerry Harmanis - who now just happens to be sitting in 7th position in our Top 20 shareholder listing - Why then would a Company such as Twynam or any other of these rather high profile and high net wealth individuals from Bell Potter and others be running towards CTM and their Billion Share Issue raising if there wasn't perhaps something else going on here. Lets face it , they filled this issues without even requiring support from ordinary holders so what's up with that ?

    So maybe it was Gina ( through Hancock Prospecting ) vis-a-vis the Atlas Iron Limited's Holding of the 60,320, 264 which was perhaps only there for the obvious interest in Jambreiro - and maybe now that it can't get the project through at TO ....because the raising has effectively blocked that avenue. It can now exit the register , and perhaps come to the table in negotiating separately for Jambreiro in isolation. So maybe this is what the CTM BOD has intended to do all along ......and knew that Hancock was coming for them.....sneaky.png
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    Question now would bee if it was a ' special crossing ' for the Atlas stake - who was it that they on sold it to ? .....and why ? . However , knowing this stock and it's trading history , it's probably just been lent out to others so they can just continue to play with it and cap it around the lower ' PIP ' trading levels that so many seem to prefer.....wink.png

    https://hotcopper.com.au/data/attachments/1755/1755249-c6250c74a94fa2078044916520cba036.jpg
 
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Last
47.0¢
Change
0.005(1.08%)
Mkt cap ! $233.2M
Open High Low Value Volume
46.5¢ 48.0¢ 45.0¢ $443.8K 946.5K

Buyers (Bids)

No. Vol. Price($)
1 242920 47.0¢
 

Sellers (Offers)

Price($) Vol. No.
48.0¢ 104703 3
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Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
CTM (ASX) Chart
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