CNB 1.37% 36.0¢ carnaby resources limited

Ann: Mount Hope Shines - 39m @ 5.2% Copper, page-267

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,667 Posts.
    lightbulb Created with Sketch. 1179
    I like the idea but I personally think that at this point it's a bit of a dream.

    BHP is a mega cap company. Whilst it needs more resources it can also afford to pay up big, take Oz as an example. It doesn't pay in the realms of speculation.... It takes what it needs and it pays the money it has to make more money from what it buys.

    BHP simply isn't in the speculation end of town, which we are in.

    On saying that, the resources sector has been woefully under funded for a decade. As a result, the likes of BHP needs to buy up new potential to secure it's future cash flow. So, if we see a significant change in strategy then we might see direct involvement from the behemoth. In my view, unlikely, particularly this financial year, but I would love to be wrong.
 
watchlist Created with Sketch. Add CNB (ASX) to my watchlist
(20min delay)
Last
36.0¢
Change
-0.005(1.37%)
Mkt cap ! $61.89M
Open High Low Value Volume
36.5¢ 36.5¢ 35.5¢ $38.66K 106.9K

Buyers (Bids)

No. Vol. Price($)
6 117418 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
36.5¢ 5470 4
View Market Depth
Last trade - 14.24pm 18/11/2024 (20 minute delay) ?
CNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.