Same thing happened to me with CNB (incidentally also a junior QLD goldie which vended in some old mines).
It’ll take a bit of time for the old / stale holders to be flushed out and the register to tighten up. We are sitting pretty right now though IMO. Risk/return very attractive at the current cap.
With the early payment of the deferred consideration last week for the projects, the cash balance could look a little skinny after the drilling is completed. So another cap raise by year end is not out of the question IMO. Although they have other ways of squeezing the lemon..
Same thing happened to me with CNB (incidentally also a junior...
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.164M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 97360 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 34299 | 1 |
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| Last trade - 16.12pm 19/06/2025 (20 minute delay) ? |
| GNM (ASX) Chart |
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