CEL 6.25% 4.5¢ challenger gold limited

Ann: Trading Halt, page-16

  1. 382 Posts.
    lightbulb Created with Sketch. 31
    prying eyes
    indeed there must be
    and each time there is an announcement, the market price attempts ... and then fails to lift.
    hits the ceiling?

    a capital raising will be needed, as strategy is now to do small capex towards production
    will market forces allow placees in at lower placement price?
    (observe rrl a price decline from~$6 to ~$3; and then topped-up for a huge tropicana placement)

    other than market price, a jorc will give some definition to the value of cel

    the market may not be priced to be your friend?


 
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