CR1 constellation resources limited

Ann: Maiden Fraser Range Aircore Drilling Program Complete, page-48

  1. 9,058 Posts.
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    I believe everyone on this thread echos your conclusion, welcome to our journey.

    The tight capital structure of CR1 (35m SOI) and no requirement for raising capital ($4.8m cash) precludes this company from being under the hands of any nefarious pump and dump individuals. A tight capital structure means day traders can't pip trade and turn over volume for quick profits. Large buy/sell spreads also deter day traders because it can extend their losses as their stops aren't guaranteed (terrible risk/reward) - you won't see any day trading pump merchants here. Ample cash reserve for activities into the foreseeable future (until CR1 makes a major discovery) assures that brokers aren't interested in the company because they can't raise capital through a placement and take fees. Hence, none of the broker's clients on HC or twitter will pumping the story either.

    This is a rare investment story without any external influences clouding the fundamentals, it's a journey and the rainbow is showing us the way.

    Real
    SD

 
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Last
12.0¢
Change
0.000(0.00%)
Mkt cap ! $7.564M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 12300 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 56750 1
View Market Depth
Last trade - 16.12pm 17/06/2025 (20 minute delay) ?
CR1 (ASX) Chart
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