C29 1.41% 7.0¢ c29 metals limited

Another parcel at 7c. Accumulation over a range to hedge...

  1. 26,807 Posts.
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    Another parcel at 7c. Accumulation over a range to hedge discount v window closing

    tranche 2 has no basis to sell beneath the CR of 7c,
    while the vendor is an unknown issue. Could be sticky to see investment multiples, v cash requirements at present .

    hedging is a balance of positioning for either direction of sp movement.

    The upside being multiples not pips imo , as news headlines wakes the market to this .

    it’s all in slow motion at present waiting for the 5 May GM cloud to pass.

    Not wanting to pay more than the available supply might flip for , hedges against the potential of newsflow. While actual supply is drip feed at present from the smaller trenche 1 and existing holders .

    Best Uranium opportunity I’ve seen in a long time.
    High grade history with multiples upscale targets to expand historical. In a country that will actually let you mine it.
 
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Last
7.0¢
Change
-0.001(1.41%)
Mkt cap ! $4.716M
Open High Low Value Volume
7.1¢ 7.1¢ 7.0¢ $4.72K 66.59K

Buyers (Bids)

No. Vol. Price($)
1 126029 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 120000 1
View Market Depth
Last trade - 11.16am 03/05/2024 (20 minute delay) ?
Last
7.2¢
  Change
-0.001 ( 1.41 %)
Open High Low Volume
7.3¢ 7.3¢ 7.2¢ 19244
Last updated 15.20pm 03/05/2024 ?
C29 (ASX) Chart
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