Interesting day today - when I left this morning the SP was 34.5 / 35c and it finished 33 / 34.5c at the close with 721k sold - a good day with a few sizeable sellers that were promptly accomodated by the look of it...
I expect an announcement later today or pre opening in the morning confirming the SPP has closed with subscriptions being well oversubscribed .... so we wait until next Monday to find out what the cutback will be.
As for the Top 20 - our family has just over a million in different entities - we will be long term holders and didn't have the luxury of coming on board 12 - 15 months ago at those low prices with our first purchases at 10c in May'20 and our highest at 37c last month.
All good with lots of news flow to come in the coming weeks and months - we are being led by a very hands on, experienced team here who have real skin in the game.....they paid for their shares which is often not the case with other Companies where Directors take options with long expiry dates as hand outs .... not so with CNB.
CNB Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
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