Looking pretty solid to me. Pretty much 1 month since the SP jumped over 40c, fresh off a 30c cap raise and it has held up above 40c the whole time(apart from a couple of intraday dips), despite the market volatility with the election and potential covid vaccine.
I have a rough count of almost 25million shares traded in that month and buyers don't seem to be drying up at all around these prices.
If we even get a sniff of something similar to the initial Hemi AC drills then I'd expect a lot of big players to be on the sidelines ready to swoop in. There will be a lot of eyes keeping track of any explorers in the area and they will be ready to pounce IMO.
CNB Summary and Why Its So Undervalued, page-2305
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Last
52.0¢ |
Change
-0.005(0.95%) |
Mkt cap ! $89.40M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 53.5¢ | 51.5¢ | $65.86K | 125.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1533 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 35000 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| CNB (ASX) Chart |