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Ann: Becoming a substantial holder from CHN, page-24

  1. blueskybaby
    5,690 Posts.
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    28/04/24
    20:08
    Post #: 73546672
    CHN have a history of investing company funds into other mineral exploration companies. They did so in 2019 on Spectrum Metals. I believe the ticker was SPX and they made a couple of bags.
    it’s possible they realise the palladium market may be in a trough for sometime and they have over $100m to deploy so they may simply be looking for a short term return here.
    ENR Price at posting: 37.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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24.5¢ 		Change
0.005(2.08%) 		Mkt cap ! $122.2M
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24.0¢ 26.0¢ 24.0¢ $725.6K 2.974M

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