I think that something we seem to overlook is the fact that we have non-coare assets that the Company can sell off.
That means we get cash in hand and it prevents a CR and further dilution.
The JV with EnviroCopper will IMO attract a premium price and the more that Cobra achieve great results, the more likely they are to want to go 100% which is a win-win for both Cobra and ADN. We don't need the JV but we need the cash.
General comments/chat, page-34383
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Last
2.1¢ |
Change
0.002(10.5%) |
Mkt cap ! $65.31M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.1¢ | 1.9¢ | $56.24K | 2.905M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1006631 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 891005 | 8 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| ADN (ASX) Chart |