re: Ann: Daily share buy-back notice - Append... I think the question related to Dajarra4's great post with the news heading 'Marampa project could be sold or spun off, Cape Lambert Resources gm says', is before the spin off / sale, the JORC upgrade. I think it would be safe to say that this will come before the sale as it is a big way to add value to the project. So, if big news, this will be first.
Not meaning to be rude Steven1459, but a 40c increase from here to $1 would be a 66% increase, not 40%. If it fell 40c from $1 then you have 40% ;)
If at worse, the buyback lasts only 2-3 weeks...as i see the rise being related to the BB support rising half a cent a day and many basically selling into it, not agressiveness so to speak, then 70c is a likely target. This would be close to the end of Feb, and might tight in closely to the JORC and capitalising of the asset..
Some rough targets to work with just on this project alone...we all know there are many other plates spinning at the moment.
Good luck all
- Forums
- ASX - By Stock
- CLE
- Ann: Daily share buy-back notice - Appendix 3E
Ann: Daily share buy-back notice - Appendix 3E , page-27
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CLE (ASX) to my watchlist
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $11.46K | 11.46M |
CLE (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online