CNB 3.75% 41.5¢ carnaby resources limited

Capital raise or not is not the question. The only question to...

  1. 1,262 Posts.
    lightbulb Created with Sketch. 251
    Capital raise or not is not the question. The only question to ask is, “Is the cash used well?” In CNB’s case, they have drilled three IP anomalies and has 3 standout successes. Maybe the success rate is a factor of the soil type or maybe it’s a result of the skilled interpretation. Whatever, the results are the same 3 out of 3 100% hit rate has occurred, now I expect this run to continue. The RIO tenements have potential as does the Magna Lynn formation, drill baby drill.
 
watchlist Created with Sketch. Add CNB (ASX) to my watchlist
(20min delay)
Last
41.5¢
Change
0.015(3.75%)
Mkt cap ! $71.35M
Open High Low Value Volume
40.0¢ 44.0¢ 40.0¢ $72.33K 175.2K

Buyers (Bids)

No. Vol. Price($)
1 17961 41.5¢
 

Sellers (Offers)

Price($) Vol. No.
43.0¢ 22000 1
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
CNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.