CNB 4.05% 35.5¢ carnaby resources limited

Imme you wrote ''I have continually said that since the...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,929 Posts.
    lightbulb Created with Sketch. 301
    Imme you wrote
    ''I have continually said that since the discovery hole CNB is overvalued and the price will drop (if you're not sure.....that's this high pointy bit on the graph you so lovingly prepared).''
    I do respect your right to a contrarian view and I do like people who present all aspects After all knowing when to sell is just as important as knowing when to buy if not more so
    However I feel you being somewhat disingeneous telling us that you picked the high to sell and have been correctly telling us to sell ever since
    Fact is you have been telling us to sell ever since about 30c and the price is now twice that You are on dangerous ground strutting around like a tomcat with 3 balls because your overall position on predictions is incorrect
    This stock is a speccie and most people here know or should know what it is .
    As such its price will be driven by fundamentals We know someof these like great infrastructure and good smelting and refining opportunities The big unknown is geology resources
    If you were for example to write "deposit x is closed off in 3 directions and in the 4th goes underground so quickly and deeply that it is not worthwhile mining such a resource " then you would justify your position
    Its a pity you dont do this because a balanced and justified contrarian position would be great
    In the interim I will continue to justify my position from
    1 Company reports
    2 The very valuable interpretation of these by the knowledgeable people like GF and EW
    A lot of the rest (not all) is fluff but I still read most of it

 
watchlist Created with Sketch. Add CNB (ASX) to my watchlist
(20min delay)
Last
35.5¢
Change
-0.015(4.05%)
Mkt cap ! $61.03M
Open High Low Value Volume
37.0¢ 37.0¢ 35.0¢ $74.60K 208.6K

Buyers (Bids)

No. Vol. Price($)
9 162453 35.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.0¢ 474 1
View Market Depth
Last trade - 15.55pm 07/11/2024 (20 minute delay) ?
CNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.