Hi Brunette, I still believe a realistic valuation of CNB's assets is about $1.25. They do have an option over some land which could be quite valuable but it is many years away from being developed and needs Gov't approval and a water supply before they can exercise the option.
My personal view is that it won't go much higher than here in the medium-term and that there are better investments out there which you could put your money to work on.
I hope this helps.
brunette
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Last
48.0¢ |
Change
-0.010(2.04%) |
Mkt cap ! $83.39M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 45.5¢ | $408.8K | 864.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 47.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 45000 | 1 |
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