Ann: Company Presentation, page-30

First 30 Last

Share
Profile

Follow
aurelex90

4,404 Posts.

284

02/06/21

20:38

Post #: 53604480
Share

Originally posted by entropylord: ↑

Aurelex,

I am an accidental holder (ex CZI) but will hold until my understanding of the value here is much better, currently really no idea.

Your stated intent however seems bizarre to me. If there is a CR it is typically at about 15% discount, and unlikely to be more than 15% of shares, resulting in a theoretical loss of about 2% value (ie about 10 cps) to existing holders. However even that needs to be balanced against the fact that the types that participate are looking for a return much better than 15%. In other words it can often be seen as a big endorsement, and if they are wrong then you as an existing SH have effectively taken candy off them. You should also consider that a company like this always has to raise money, and it will almost always be at about the same discount, so just bau imho.

What you should be worried about imho is where companies are doing a CR to keep the lights on, or seemingly just continually feeding cash into the same black hole. I see a company raising cash on a rising sp, and in order to unlock tentatively outlined value completely differently.

I am agnostic as to whether this is a buy or a sell. I believe there’s currently knowledge asymmetry not in my favour and therefore believe it is in my best interests to neither sell nor to buy more. So I am certainly not trying to advise you, just to suggest you might want to look for a better reason.

EL

Expand

yes but with a CR share price usually dips below the CR price for a time

CPN Price at posting: $2.45 Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Making money: How many microcaps should be in an investor's portfolio?

There are more pages in this discussion • 48 more messages in this thread...

First 30 Last

Add CPN (ASX) to my watchlist

(20min delay)
Last 6.4¢		Change 0.000(0.00%)		Mkt cap ! $7.596M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	14999	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.4¢	65771	1

View Market Depth

No.	Vol.	Price($)
1	14999	0.062
2	45511	0.061
1	41000	0.060
1	100000	0.059
1	150000	0.058

Price($)	Vol.	No.
0.064	65771	1
0.065	200000	1
0.068	2546	1
0.075	89773	1
0.090	154913	2

Last trade - 10.02am 01/11/2024 (20 minute delay)

CPN (ASX) Chart

Day chart unavailable

Ann: Company Presentation, page-30

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Making money: How many microcaps should be in an investor's portfolio?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Company Presentation, page-30

Top Stories

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Making money: How many microcaps should be in an investor's portfolio?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News