re: Ann: Centaurus Secures New Manganese Proj... The share consolidation is good for the company and its shareholders, keep an eye on the share register and you should
start to see institutional support for the stock.
A good stock to compare with is BND a bad stock to compare is DLS. It gets down 1) management, 2) resource and 3) cash or access to it via placements or underwritten rights issues.
Last time I looked at the register AGO held 19.99%,a takeover?
unlikely as AGO has a comfortible blocking stake.
CTM is the exploration company for AGO. Just like GIR and FRS.
The company will compensate the target company with a healthy premium when management is certain of the JORC resource.
At this stage I will watch with interest and use the charting and technicals to begin accumulation of the stock.
Ann: Centaurus Secures New Manganese Project in B, page-44
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Last
54.0¢ |
Change
-0.020(3.57%) |
Mkt cap ! $268.2M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 59.0¢ | 54.0¢ | $286.0K | 503.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 36825 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.5¢ | 18383 | 1 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| CTM (ASX) Chart |