Sometimes you need to look beyond the short term flows to make good money.
This is a Tier 1 asset, owned 100% by Chalice.
The resource contains metals that are and will be in demand over the investment horizon, so it pays to be patient.
The current weakness is, IMHO, just a play to limit the SPP take-up. If I'm right, this will rally after the SPP closure. Remember, the Placement was well subscribed by the institutional and sophisticated investors at $7.30.
DYOR, AL
- Forums
- ASX - By Stock
- CHN
- Ann: Share Purchase Plan Opens - Letter and Offer Document
Ann: Share Purchase Plan Opens - Letter and Offer Document, page-28
-
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CHN (ASX) to my watchlist
|
|||||
Last
$1.36 |
Change
-0.005(0.37%) |
Mkt cap ! $527.0M |
Open | High | Low | Value | Volume |
$1.39 | $1.40 | $1.34 | $5.839M | 4.267M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 57927 | $1.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.36 | 19937 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 400 | 1.335 |
4 | 55200 | 1.330 |
1 | 4703 | 1.325 |
1 | 20000 | 1.315 |
2 | 10544 | 1.305 |
Price($) | Vol. | No. |
---|---|---|
1.355 | 19937 | 1 |
1.360 | 7014 | 1 |
1.365 | 36765 | 1 |
1.370 | 20000 | 1 |
1.385 | 30323 | 3 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
CHN (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online