Why would you sell at 7c when that is less than cash backing. It has a very good management team and over 3 million in cash. These shells always find good project's when management is well connected like CDR. I feel your pain mate I've done shite mistakes like you but I always move on. If assays come in good which today's announcement said we are waiting on then price probably moves past 20/30 cents. This is like my other stocks od6 and 1vg. Small shares on issue and good news causes big SP gains. Risk reward massive here with 40 million shares on issue and 3 million cash. No brainer for me here at 14cents. That's nearly cash backing.
Ann: Codrus Secures Large Scale Niobium Rich REE Project in WA, page-56
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Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $7.855M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.8¢ | $3.044K | 78.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 465821 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 206000 | 2 |
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| Last trade - 12.35pm 17/06/2025 (20 minute delay) ? |
| CDR (ASX) Chart |