all these comments about instos not being interested in CNB is complete rubbish.
I was involved in a company which listed in the 2'000's that was ~70% owned by one holder with a very small number of shares on issue.
after share price went up 8x and with an immediate need for capital because of success we did a $50m raising with many instos involved; within weeks (following the insto raise) the share price broke the 10x barrier within first 12 months of listing.
Bottom line is that CNB does not need cash atm (is fully funded for current exploration programs; results of which will drive the share price higher) but when it does it will raise plenty and the instos will be lining up; mark my words.
GLTAH DYOR
Ann: 60m @ 1% Copper at Greater Duchess, page-59
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38.5¢ |
Change
-0.020(4.94%) |
Mkt cap ! $66.19M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.0¢ | 38.0¢ | $63.03K | 163.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11099 | 38.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 11000 | 2 |
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