CAZ 4.76% 2.0¢ cazaly resources limited

how much will/did you win or loose?, page-3

  1. 487 Posts.
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    I agree that a lot of small share holders got burnt but some larger ones as well. We (those of us that hold CAZ) are all licking our wounds right now but it was a gamble so we do only have oursleves to blame. Still, I am interested to hear the reasons behind the decision and see what happens next as I am sure this isn't the last we will hear from CAZ. I also think that everyone should wait and see what the weekend brings and possible early next week. If CAZ wants to stop an absolute dumping then they have to give us something to hold onto. Hopefully they will call a trading halt until they come up with a plan to move forward, with or without challenging the decision. I don't think we can really make any reasonable predictions about prices on opening until we have all the facts and that will not be clear until Monday or probably even later in the week. There is also money to be made on a bounce if the shares drop well below their real value. The bounce may not happen for a week or two but I am sure it will happen. There is money still to be made on this stock although don't expect it to go back to the dizzy heights of 2.00 for a long time if ever. Never know though, if this does go to the courts we may even see a total change in sentiment. The government doesn't always make the right decision legally and still may be overturned. Time will only tell but we must give it time.
 
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Last
2.0¢
Change
-0.001(4.76%)
Mkt cap ! $9.226M
Open High Low Value Volume
2.0¢ 2.0¢ 2.0¢ $1K 50K

Buyers (Bids)

No. Vol. Price($)
1 166978 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 483500 4
View Market Depth
Last trade - 10.02am 05/07/2024 (20 minute delay) ?
CAZ (ASX) Chart
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