CLN 3.41% 8.5¢ colonial resources limited

record date, page-12

  1. 264 Posts.
    What says the sp will drop as low as 10-12c?

    The new resource on a peer-comparison basis is worth $40million.

    40/200million shares fully diluted including new shares and oppies = ~20c.

    If the resource is expanded who knows?

    Also remember the entitlement is underwritten.

    Heaps of upside in this stock.
 
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Currently unlisted public company.

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