Seems like many people like to hear what they want to hear.
It is not fashionable to be realistic .
As I pointed out earlier, shorters are moving in . 3.08 % of share capital had been shorted just before the announcement. This number has increased every day since then and is up to 3.69% as of a few days ago.
With development and production facing a multitude of risks , and if the project goes ahead , there will not be any income until 2029 at the earliest. This is a shorters dream .
I am a disappointed holder and will continue to hold , but I know it is also best to be realistic so if no deals emerge in the next year I will console myself with a tax write off .
CHN chart, page-5362
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Last
$1.21 |
Change
0.005(0.41%) |
Mkt cap ! $470.6M |
Open | High | Low | Value | Volume |
$1.23 | $1.25 | $1.21 | $4.018M | 3.275M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 139393 | $1.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.22 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 139393 | 1.210 |
6 | 50012 | 1.205 |
23 | 106783 | 1.200 |
2 | 10397 | 1.195 |
8 | 41930 | 1.190 |
Price($) | Vol. | No. |
---|---|---|
1.220 | 2000 | 1 |
1.225 | 132996 | 3 |
1.230 | 10397 | 1 |
1.235 | 64897 | 5 |
1.240 | 15397 | 2 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
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CHN (ASX) Chart |