9 million shares for sale between 4.3 and 6c, then nothing. Now we know the depth doesn't mean too much but with CNW, it's a little different. I see CNW on a similar path to MNF (2010 was 0.05 and now trading over $3) As long as we continue to see growth with strong ebitda, we should get more funds on board and keep the SP going up. When we get to the 20c mark, then we can undertake more cap raise & then continue growth through acquisition etc.
CNW Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held