CPN 9.09% 6.0¢ caspin resources limited

CPN Chart, page-240

  1. 13,981 Posts.
    lightbulb Created with Sketch. 1053
    Rob,
    I find your thoughts less than joined up.

    Your assertion that a CR is “due” seems to me to rest on the assumption that the results are good and a lot of follow up drilling is required. In which case I would expect the sp to jump up substantially before the CR.

    If the results are ordinary then there will be no immediate need for a CR, but if there is one then it will be on a price also unconnected with the current sp.

    How they would execute a CR before the assay results completely baffles me, it is such a binary and hugely material matter.
    EL
 
watchlist Created with Sketch. Add CPN (ASX) to my watchlist
(20min delay)
Last
6.0¢
Change
0.005(9.09%)
Mkt cap ! $6.527M
Open High Low Value Volume
5.8¢ 6.0¢ 5.8¢ $6.7K 113.0K

Buyers (Bids)

No. Vol. Price($)
2 123689 5.6¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 61395 2
View Market Depth
Last trade - 11.43am 08/10/2024 (20 minute delay) ?
CPN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.