CAY 7.35% 7.3¢ canyon resources limited

If you believe in this world class project and want to be...

  1. 2,502 Posts.
    lightbulb Created with Sketch. 198
    If you believe in this world class project and want to be rewarded handsomely for your patience and the risk you take, why are you bothered by the silly price movements and trade volumes?

    Besides, those trades may not be genuine trades at all. IMO, those shares could just be moved around among different accounts of the same owner(s). Of course, shares of those genuine shareholders who don't feel comfortable holding on their shares are picked up by these people along the way.

    Why does this happen? I don't know. May be our potential suitor (my speculation only) wants to suppress the share price before launching a TO bid or simply somebody just wants to accumulate more cheap shares before the real big news is announced. Who knows?

    Anyway, these are today's trades so far:

    https://hotcopper.com.au/data/attachments/3230/3230062-0361783c3778eacce0795e508b533259.jpg
    Good luck with your investment.
 
watchlist Created with Sketch. Add CAY (ASX) to my watchlist
(20min delay)
Last
7.3¢
Change
0.005(7.35%)
Mkt cap ! $100.3M
Open High Low Value Volume
6.8¢ 7.3¢ 6.8¢ $21.56K 306.0K

Buyers (Bids)

No. Vol. Price($)
1 27000 7.0¢
 

Sellers (Offers)

Price($) Vol. No.
7.7¢ 28997 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
CAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.