CAJ 1.67% 29.5¢ capitol health limited

The cap raise is designed to pay down much needed to debt and...

  1. 500 Posts.
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    The cap raise is designed to pay down much needed to debt and will clear a path for growth and earning for CAJ - under most circumstances you would be right in packaging every CR with this thought.. but it does conflict with the fact CAJ has been collected by larger hands. if what you were saying be correct than we should be falling back to CR price. but with CAJ improving revenue paying down debt to viable levels it is evident that blue skies will almost certainly be possible, looking at such things as the Chinese agreement things are improving. So what we will see is Larger hands such as funds and deep pockets want to take a firm position at the lows to enjoy a comfortable ride to the top. . and that is what the technicals are showing. for the past 2 weeks the depth is being churned .. now we see ourselves 2 pips up from last week and we close on high today and .17 being brought all whilst being in the midst of a CR as you point out. possible .19c by weeks end.
 
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29.5¢
Change
-0.005(1.67%)
Mkt cap ! $314.4M
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30.0¢ 30.0¢ 29.5¢ $137.8K 459.8K

Buyers (Bids)

No. Vol. Price($)
6 929786 29.5¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 25000 1
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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