Maybe he is
Unfortunately he has been spot on with CNJ to this point.
And those of us who have been around long enough to experience a true bear market, especially in the minerals and energy sector, would probably agree with him.
There is still a lot of speculative bubble left in this market, and macro conditions are not there to support it forever
I mean how could CNJ have an EV of $18 mill?
Forget looking at the share price as being cheap, it's the market capitalisation that matters, that will soon be diluted even further shortly.
Milesy
Ann: Amended App 5B Quarterly Cash Flow Report, page-12
-
- There are more pages in this discussion • 59 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CNJ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.201M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 28494125 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 42457319 | 35 |
View Market Depth
| Last trade - 14.03pm 16/08/2024 (20 minute delay) ? |
| CNJ (ASX) Chart |
Day chart unavailable