CAE 1.96% 5.2¢ cannindah resources limited

CAE Chart, page-140

  1. 63 Posts.
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    That's alright and have been bullish on Gold and Copper for a long time. Been a holder of EVN and decided to get involved with this. My valuation of the resources in the ground at MT Cannindah is around $900m. $700m for the Copper resources they currently know of. A 10% rise in Copper/Silver/Gold therefore increases the company value by $90m. Market currently values the company at $150m (roughly) so with increasing gold/copper/silver prices the valuation can move quite quickly. This is why Morning Star valued them 2 weeks ago at 54 cents but now has increased to 77c. I am not saying we will get to 77 cents but we should have seen a bigger move by now than we have with the price in the last 2 weeks.
 
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Last
5.2¢
Change
0.001(1.96%)
Mkt cap ! $30.06M
Open High Low Value Volume
5.2¢ 5.2¢ 5.2¢ $717 13.79K

Buyers (Bids)

No. Vol. Price($)
2 48822 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
6.1¢ 276000 1
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Last trade - 13.31pm 26/06/2024 (20 minute delay) ?
CAE (ASX) Chart
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