I'm tipping you are wrong. CR to build inventory to cope with large scale contracts converted into likely significant revenue won't let the SP hang around 80c long if it even gets near there.
This is not the same as a CR equivalent of a mining company looking for cash to fund a couple of geos to stand with a shovel gazing down a hole wondering what's in there.
I reckon the company has more than a good inkling of what is coming...and need the cash to unlock the revenue to follow.
I'm tipping you are wrong. CR to build inventory to cope with...
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Last
83.0¢ |
Change
0.020(2.47%) |
Mkt cap ! $584.6M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.5¢ | 80.5¢ | $5.333M | 6.520M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20352 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 206000 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
83.0¢ |
Change
0.020 ( 2.48 %) |
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| Open | High | Low | Volume | ||
| 81.5¢ | 83.3¢ | 80.8¢ | 1879991 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| DRO (ASX) Chart |