......and just to round it out, because i really dislike it when people spread fake news......
The problem with a CR in a company like this who spends so much on exploration, has a low value MC (in reality) and such low shares on issue (which everyone here touts as a great thing) is the dilution.....current share holders will be smashed.
Just to get an extra years worth of funding ($24m) at the current exploration rate will result in an additional 38,000,000 shares issued, place raise costs!
I'll let you work out how much less each share you hold will then be worth..........I'm too bust sipping a chardonnay with my estate agent.
- Forums
- ASX - By Stock
- CNB
- Ann: Greater Duchess Chalcus Lode Extension 87m @ 2.3% Cu
Ann: Greater Duchess Chalcus Lode Extension 87m @ 2.3% Cu, page-23
-
- There are more pages in this discussion • 90 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNB (ASX) to my watchlist
|
|||||
Last
53.5¢ |
Change
0.020(3.88%) |
Mkt cap ! $91.98M |
Open | High | Low | Value | Volume |
50.5¢ | 53.5¢ | 50.0¢ | $192.7K | 377.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 87294 | 52.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.5¢ | 5835 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 87294 | 0.520 |
2 | 15978 | 0.510 |
1 | 5940 | 0.505 |
2 | 50500 | 0.500 |
3 | 14665 | 0.495 |
Price($) | Vol. | No. |
---|---|---|
0.535 | 5835 | 1 |
0.545 | 4000 | 2 |
0.550 | 55000 | 2 |
0.570 | 9500 | 1 |
0.590 | 1000 | 1 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
Featured News
CNB (ASX) Chart |