to me this looks like abit of manipulation to keep the price down so that large holdings can be bought/sold around the 10c mark. The sell queue has been stacked over the past few days killing any forward momentum.
I dont believe there is anything wrong with the company. I suspect DRA expect CHN to pay the $4m by October (after 1m oz JORC) which will be used to clear the remaining convertible notes.
With Net Assets >$30m..and a MCap of $75m...this will be much higher in a few weeks.
Cheers
enter the dragon......, page-52
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Last
$1.86 |
Change
0.000(0.00%) |
Mkt cap ! $102.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 320 | $2.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.30 | 1999 | 1 |
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| Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
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