CNB 5.19% 36.5¢ carnaby resources limited

Ann: Lady Fanny IP Survey Lights Up Strong Chargeability Targets, page-112

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,122 Posts.
    lightbulb Created with Sketch. 378
    Problem is both institutions and retail will dump if given a 20% discount.
    Retail even more so given that they are more likely to have to raise unplanned capital, and have to unload the shares to pay back the capital.
    We are better off accepting capital raising as necessary despite the short term SP effects.
    Institution raising was the correct call.
    20 million in the kitty right now spent on finding new discoveries that will ultimately net shareholders much more return In the long-term.
    We won't be talking about this issue in the months ahead. We will be talking about quantifying how much copper we have in the ground and the economic feasibility of mining it.








 
watchlist Created with Sketch. Add CNB (ASX) to my watchlist
(20min delay)
Last
36.5¢
Change
-0.020(5.19%)
Mkt cap ! $62.75M
Open High Low Value Volume
37.0¢ 37.0¢ 36.5¢ $56.54K 153.5K

Buyers (Bids)

No. Vol. Price($)
2 16756 36.5¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 24697 3
View Market Depth
Last trade - 15.42pm 15/11/2024 (20 minute delay) ?
CNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.