CAY 1.28% 7.9¢ canyon resources limited

Reality is that CAY started institutional roadshow at start of...

  1. 344 Posts.
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    Reality is that CAY started institutional roadshow at start of week with price around 17-18c
    Given resource in non compliant with current 2012 JORC code and is in Cameroon, insto’s will want a discount.
    I expect raise will be mid teens, but wouldn’t expect a significant sell down.
    Imagine the majority taking the raise won’t have current stock to sell.
    Just my thoughts, hafta wait n see.
 
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