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2.04% 5.0¢ cyprium metals limited

Ann: Placement to Raise $510k-ARX.AX, page-21

  1. Anchises
    27 Posts.
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    20/09/16
    16:55
    Post #: 19290860
    Sorry all, I thnk we are on the same page.
    One of the problems ARC shareholders face is that the Share has been reconstructed and the SP is circa 50/60 cents.
    Typically, the West Coast Broker ramps happen with stocks that are less than a cent, it is easy to get large % moves in price.
    This higher SP will make it a lot harder for TC to deliver a large ramp IMO.
    ARX Price at posting: 51.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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