I think that Mr Goyder has done us retail shareholders two favours. First, he has demonstrated a lot of confidence in the future of CHN. Secondly, he has taken his percentage shareholding back over 10 % again. This means that he can block a takeover bidder from getting to 90% and thus having the right to acquire the rest compulsorily. All good for the share price in the medium to long term.
On an unrelated topic. Whatever happened to pilot plants? e.g. starting with a small underground mine targeting the best grades much sooner and gradually growing bigger? A sort of self-financing. Too old-fashioned perhaps.
I think that Mr Goyder has done us retail shareholders two...
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.31 |
Change
0.065(5.22%) |
Mkt cap ! $496.9M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.33 | $1.26 | $3.509M | 2.711M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 17145 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 27539 | 4 |
View Market Depth
| Last trade - 12.47pm 11/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |