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
12.5¢ |
Change
0.010(8.70%) |
Mkt cap ! $101.8M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $247.4K | 2.057M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 202685 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 862902 | 11 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
0.010 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 12.0¢ | 12.0¢ | 12.0¢ | 903208 | ||
| Last updated 14.58pm 04/06/2024 ? | |||||
| CAI (ASX) Chart |