CLN 3.41% 8.5¢ colonial resources limited

amazingly poor take up, page-3

  1. 1,206 Posts.
    lightbulb Created with Sketch. 270

    In fact for a 7 for 1 entitlement issue(!) this is an AMAZINGLY strong take up.

    Now that the issue is away (and the underwriters set in the stock) watch this baby go from here as the message starts to get out there that here is a well managed exploration play in one of the world's best gold addresses with a 500k+ ounce resource on limited shallow drilling.

    Value this how ever you like this will be re-rated and re-rated bigtime at some point.

 
watchlist Created with Sketch. Add CLN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.