CNB 2.50% 41.0¢ carnaby resources limited

Ann: Mount Hope Results 38m @ 3.0% Cu, page-46

  1. 1,250 Posts.
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    What confuses me is the great successes of CNB, ie the IP targets and drill hits into them. Efficient raising of new capital, ie raising capital at $1.22. Which both points to excellent management decisions. Then I see the sp dip to low in recent weeks of 55.5 cents.

    I like backing the people, Rob Watkins seams to be conservative steady hand. Building an excellent mineable copper resource.

    Then I look at the share registry, and possibly the lacking ingredient is 5 to 10 large stable shareholders (institutions or wealthy individuals ), that are able take medium to long term view of CNB value. That act like a stabilising flywheel to the share price. The Directors are unable to fill this roll, as they are locked out from trading in shares for a large part of the year.
 
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Last
41.0¢
Change
0.010(2.50%)
Mkt cap ! $69.63M
Open High Low Value Volume
40.5¢ 41.0¢ 40.0¢ $38.34K 94.80K

Buyers (Bids)

No. Vol. Price($)
5 79778 40.0¢
 

Sellers (Offers)

Price($) Vol. No.
41.0¢ 752 2
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Last trade - 15.29pm 20/08/2024 (20 minute delay) ?
CNB (ASX) Chart
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