Anyone who reads my posts quickly realises that I know three quarters of five eighths of the proverbial. That does not stop me from posting. The habit of a lifetime.
I have been doing some background reading to the rise of CHN. And some reading on that 'Lassonde Curve' thing. And that ;'everything bubble' that took off in 2020.
CHN had its first big discovery in March 2020. The world wide pan-investment 'everything bubble' started in mid/late 2020. Becoming bemused more and more that so many stocks that took off in 2020 have either plummeted since or have recently started to rerate downwards.
Read somewhere that CHN was the first 'pre-resource explorer' to enter the ASX 200. That happened during the 'everything bubble'. Other pre production stocks have been in the index and plummeted since.
Have we witnessed the confluence of the Lassonde Curve and the 'everything bubble' right here?
If you go through CHN news and commentary since 2020 you find the words 'unique' and 'metallurgy' occurring often in the same breath in regards to CHN.
Thinking aloud somewhat- wanting to know much much more about this sector before I invest overmuch.
Good luck to all holders.
IMHO DYOR
CHN chart, page-5344
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Last
$1.29 |
Change
0.045(3.61%) |
Mkt cap ! $501.7M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.33 | $1.26 | $4.613M | 3.567M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 7818 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |