Doom and gloom in full effect here.
Does anyone realistically think CRN can't get a financial deal to tie them over especially with all the positive headwinds coming up? (Stanwell ending, Opex improvements via volume increases, Capex spend ending on expansions, MET coal expected to improve with Department of Industry, Science and Resources suggesting a move for 2025/2026 to about US$77/t for iron ore but US$205/t met....hello Simandou!). I'm sure financiers see this potential too.
Anyhow, bought my first tranche today. IMO, the risk/reward here is attractive.
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Last
13.5¢ |
Change
-0.010(6.90%) |
Mkt cap ! $243.0M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 13.5¢ | $583.7K | 4.197M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 1593674 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 952388 | 36 |
View Market Depth
| Last trade - 10.36am 18/06/2025 (20 minute delay) ? |
| CRN (ASX) Chart |