I believe everyone on this thread echos your conclusion, welcome to our journey.
The tight capital structure of CR1 (35m SOI) and no requirement for raising capital ($4.8m cash) precludes this company from being under the hands of any nefarious pump and dump individuals. A tight capital structure means day traders can't pip trade and turn over volume for quick profits. Large buy/sell spreads also deter day traders because it can extend their losses as their stops aren't guaranteed (terrible risk/reward) - you won't see any day trading pump merchants here. Ample cash reserve for activities into the foreseeable future (until CR1 makes a major discovery) assures that brokers aren't interested in the company because they can't raise capital through a placement and take fees. Hence, none of the broker's clients on HC or twitter will pumping the story either.
This is a rare investment story without any external influences clouding the fundamentals, it's a journey and the rainbow is showing us the way.
Real
SD
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.564M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12300 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 56750 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12300 | 0.120 |
2 | 116661 | 0.115 |
2 | 102110 | 0.110 |
1 | 15888 | 0.062 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 56750 | 1 |
0.260 | 2591 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 16.12pm 17/06/2025 (20 minute delay) ? |
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CR1 (ASX) Chart |
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RC1
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Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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