@ozsoul you've nailed it, so far as ordinary punters are concerned re a possible CNB/HMX merger.
it's only about dilution for CNB holders if the merger proceeds
the relatively tight register for CNB has been SP supportive.
this will vanish in a merger.
a tidy rally Monday with sales in the 60.5 - 70 cents range before settling up 7% at 65c.
this would suggest good news is imminent.
Ann: HMX: Commencing Preliminary Discussions, page-69
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Last
48.0¢ |
Change
-0.010(2.04%) |
Mkt cap ! $82.53M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 45.5¢ | $467.2K | 986.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43099 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 40000 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CNB (ASX) Chart |