Hi Delta
IMO - The biggest "short term" effect on CHN's share price and 2 Billion plus mkt cap will be the results due any day now from DEV.
Sovereign Hill is at the most Northern end along trend outside the state forest.
Bad results and the market will discount all nearology plays including CHN's landholding in the State forest until it is proven how far it extends into it.....and that will not be possible for a while.....
CPN is DD drilling now further North but DEV's results will be out first by a couple of months with the lab backlogs...
The market reacts to current news and can be fickle and wrong at times - But that is what it is....
Hopefully the results will be promising and we all continue to move up.....GL
Fair Price for CHN with current resource ?, page-166
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Last
$1.57 |
Change
-0.015(0.95%) |
Mkt cap ! $610.7M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.65 | $1.56 | $6.776M | 4.246M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10448 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 11713 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |