It's very difficult to time the market (if at all possible), and if one is successful, I think it's more luck than experience. I plan to buy more shares but - like you - I am expecting a CR soon. I do not think that retail investors will be allowed to participate. SP will most likely drop when a CR is announced. That could be a good buying opportunity. But a CR is not inevitable in my opinion. The company could have enough cash from the Townsville-project and/or from sales of graphene membranes for example. There might also drop positive news soon reg. the Kamao-Kakula project which could influence the SP positively.
I will wait for the next quarterly and hope it will provide clarity.
Ann: CNQ enters Nth American lithium market tech-for-equity deal, page-34
-
- There are more pages in this discussion • 68 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CNQ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
29.0¢ |
Change
-0.015(4.92%) |
Mkt cap ! $20.19M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.0¢ | 28.5¢ | $28.28K | 99.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10560 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 8685 | 1 |
View Market Depth
| Last trade - 15.58pm 12/07/2024 (20 minute delay) ? |
| CNQ (ASX) Chart |