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
$1.05 |
Change
-0.013(1.17%) |
Mkt cap ! $415.2M |
Open | High | Low | Value | Volume |
$1.08 | $1.09 | $1.05 | $778.2K | 728.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 35939 | $1.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.06 | 2315 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 47 | 1.055 |
10 | 44468 | 1.050 |
5 | 40337 | 1.045 |
9 | 136610 | 1.040 |
5 | 109850 | 1.035 |
Price($) | Vol. | No. |
---|---|---|
1.060 | 51322 | 10 |
1.065 | 192932 | 8 |
1.070 | 85116 | 9 |
1.075 | 103730 | 4 |
1.080 | 25800 | 3 |
Last trade - 12.57pm 29/07/2024 (20 minute delay) ? |
Featured News
CHN (ASX) Chart |