CHN holders best bet is that CHN quickly proves this resource up (mid year) and finds a buyer and doesn't get taken over...
2 billion (if that is what is paid) divided by 2 divided by SOI = around $3.00 cash back per share making holders half as rich as if they sold the lot now........ and the company to retain 1 billion in cash for exploration....
With the added advantage of holders still retaining "all" their shares in a CHN that will sooner or later prove up Hartog that will not be part of the Gonneville sale - rinse and repeat......
Rambling a bit but that is what I would be hoping for if I was still holding...GL
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Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3335 | $1.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
98.0¢ | 800 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 3335 | 1.100 |
1 | 2575 | 1.070 |
2 | 3743 | 1.060 |
1 | 7200 | 1.050 |
2 | 8030 | 1.045 |
Price($) | Vol. | No. |
---|---|---|
0.980 | 800 | 1 |
1.000 | 8876 | 4 |
1.005 | 1477 | 1 |
1.010 | 34269 | 4 |
1.030 | 12803 | 2 |
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