CNB 5.76% 65.5¢ carnaby resources limited

It’s not ‘strange’. It’s reflective of company value. No one...

  1. 5,022 Posts.
    lightbulb Created with Sketch. 843
    It’s not ‘strange’.

    It’s reflective of company value. No one pays $10 for a litre of milk and the reason for that is it’s worth $1.80.

    Same goes here - company was and still is not worth what the market is currently paying.

    In a few years that will change, it’ll be worth possibly the $5 people are spruiking here……but it’s not worth that now.
 
watchlist Created with Sketch. Add CNB (ASX) to my watchlist
(20min delay)
Last
65.5¢
Change
-0.040(5.76%)
Mkt cap ! $106.6M
Open High Low Value Volume
70.0¢ 70.0¢ 64.5¢ $145.5K 216.6K

Buyers (Bids)

No. Vol. Price($)
1 8155 65.0¢
 

Sellers (Offers)

Price($) Vol. No.
67.0¢ 17781 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
65.0¢
  Change
-0.040 ( 4.41 %)
Open High Low Volume
69.0¢ 69.0¢ 64.5¢ 59665
Last updated 15.59pm 03/05/2024 ?
CNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.