CRB 20.0% 0.4¢ carbine resources limited

Forgot to add that RTG's MC is 80M. The last time I was...

  1. 2,160 Posts.
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    Forgot to add that RTG's MC is 80M.
    The last time I was following a stock that was in a downtrend when I thought it should be in an uptrend (or at least be stable) the company's main commodity price (Ni) was starting a 2+yr fall. Not the case here. I am hoping its because CRB have not signed a mandate yet with a broker for their upcoming capital raise. I would expect larger volumes when that happens as they get "set". Therefore I think its just in the hands of retail punters who have already experienced some serious gains or recent holders who are tax loss selling.

    I know CRB is relatively small production wise, but there is so much upside (and cashflow) and the numbers come August(?) should really stand out. NPV >180-200M?

    Am very weary of wearing rose coloured specs but I just can't see this staying down here after the DFS is released.

    Largish volume on Friday's down bar, looks like it could go lower... gulp.
 
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0.4¢
Change
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Mkt cap ! $2.206M
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0.4¢ 0.4¢ 0.4¢ $8 2.07K

Buyers (Bids)

No. Vol. Price($)
2 665129 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 207607 3
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Last trade - 11.36am 16/08/2024 (20 minute delay) ?
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