As long as CAI don't fall into the trap of silly hedging contracts like those which hobbled DCN, I'm happy with any reasonable source of funds. Interest rates are low, so financiers are "protecting" their investment and taking the cream by demanding hedges and/or options that destroy any upside in the profitability of the mine. If we can't get finance without unreasonable hedges, it is better to go to the shareholders for the CR.
As long as CAI don't fall into the trap of silly hedging...
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $98.92M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $311.2K | 2.336M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 301576 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 788662 | 7 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
13.5¢ |
Change
0.000 ( 3.85 %) |
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| Open | High | Low | Volume | ||
| 13.0¢ | 13.5¢ | 13.0¢ | 442979 | ||
| Last updated 15.59pm 29/04/2024 ? | |||||
| CAI (ASX) Chart |