CNB 7.08% 52.5¢ carnaby resources limited

CNB Summary and Why Its So Undervalued, page-2257

  1. 2,395 Posts.
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    The fact that CNB has millions in the bank has de-risk the chance of finding dirt and not being able to afford to do more drilling without constant capital rising required, which is one reason why I am comfortable to hold this beauty Like @CariKaya said looking at both sides without blindly wishing for the best is the most sensitive approach at the end.

    Let’s not forget those that only post positive news only without even considering the slight chance of short term bad news are those holding at least 500,000 shares. Of course they would have an agenda for wanting only good news to be shown to entice more and more buyers. Of course in saying that , I would have an agenda as well to see this through but reality has to be faced too.

    CNB is in an unique position and the chance of hitting dirt is low but the slight chance is there right now.

    I too did start to feel unwelcome too because obviously a thread with only positive comments looks far better than a few negatives there to not “spook” potential investors lurking around here considering getting in.

    Obviously as a shareholder too, technically it’s not on my interest too but I like healthy debates even if I’m a complete noob compared to some here. Happy to be corrected every time I make a silly judgement.

    I would probably like you @CariKaya post less here and just read, unless I feel compelled to point something up.

    One final note, go CNB.
    Last edited by moneygalore: 07/11/20
 
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Last
52.5¢
Change
-0.040(7.08%)
Mkt cap ! $90.26M
Open High Low Value Volume
56.5¢ 57.0¢ 52.5¢ $104.0K 188.2K

Buyers (Bids)

No. Vol. Price($)
1 1999 52.5¢
 

Sellers (Offers)

Price($) Vol. No.
57.0¢ 10635 1
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Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
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