Disclosure, I'm a LTH on CLA and got caught in the fill yer boots brigade, Stoaty, BlueSky and others....glad to see you've stuck with CLA....Maybe not by choice.......couple of thoughts:
CLA won't be anywhere near production, let alone a DFS for how long? 3 years. The dilution on share price will be so deep by then.
CLA is NOW entering Cu? Sounds a lot like they were entering Cobalt when the market was at an all-time high and how has that worked out?
I'm not questioning why CLA is buying, they have to justify the salaries to actually be seen to be doing something, but why is the vendor selling? If they were selling to BHP who have the cash to fund, sure makes sense, but a minnow to a minnow with no cash. We'll see.
Waiting to hear jimrogers and benz500 tell us all about it maybe. Sad part is they were right. But I'm not bitter.....much
Disclosure, I'm a LTH on CLA and got caught in the fill yer...
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Last
1.6¢ |
Change
0.002(10.7%) |
Mkt cap ! $37.63M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $72.21K | 4.810M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1369826 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 7444956 | 12 |
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| Last trade - 13.40pm 05/07/2024 (20 minute delay) ? |
| CLA (ASX) Chart |