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1.28%

38.5¢ carnaby resources limited

Ann: 60m @ 1% Copper at Greater Duchess, page-53

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merman5

714 Posts.

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13/08/21

12:51

Post #: 55266010
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Originally posted by Immetoday: ↑

I said it was a great announcement......some good grades there.(that's positive isn't it?)
Just because the announcement is good it doesn't mean there will be positive share action.........unfortunately the market is what values a company, not announcements.

The world isn't all roses and popcorn buddy. CNB is not liked by the market, that's all I have said all along. It's REALLY clear that this is the case by todays action. Again good news and the price drops from the open 'bargain'..........every time this happens people swear never to touch the share again.

Think about the 400K odd shares bought at open this morning.....every one of those holders are now staring at their screen looking at a -5% profit/loss. They sell this arvo at what i'd say will be a 5%-10% loss........do you think they'll jump at the opportunity to buy CNB again?

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If they look at their investment fundamentally, then yes!
One day you willchange your user name to Imminitoday. Happy Friday mate, crack open a nice cold one.

CNB Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 38.5¢		Change -0.005(1.28%)		Mkt cap ! $67.05M

Open	High	Low	Value	Volume
39.5¢	40.5¢	38.0¢	$263.0K	662.2K

Buyers (Bids)

No.	Vol.	Price($)
1	48347	38.5¢

Sellers (Offers)

Price($)	Vol.	No.
39.0¢	12362	2

View Market Depth

No.	Vol.	Price($)
1	49028	0.385
4	47390	0.380
2	5332	0.375
4	43202	0.370
2	27000	0.365

Price($)	Vol.	No.
0.390	12362	2
0.395	56497	1
0.400	9000	1
0.410	83128	2
0.420	2547	3

Last trade - 15.04pm 29/08/2024 (20 minute delay)

CNB (ASX) Chart