Has Mr Market been a little harsh on CAZ ?
A 13 million dollar cash deal plus some potential royalties and we are still at a market cap of 6.5 million dollars. At this price surely Gold valley might be tempted to purchase some more Caz and get there money back at half price.
Perhaps some punters here where hoping that CAZ may have developed Parker range themselves or maybe some insiders hoping for a quick trade are no offloading on account of market apathy.
Either way plenty of stocks on the asx right valued at more than 6.5 with bugger all in the kitty and we are potentially funded for several years due to this. Maybe even long enough for cobolt to recover and the Namibia option to become viable again.
Investing is certainly a strange game.
Has Mr Market been a little harsh on CAZ ?A 13 million dollar...
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.226M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 221289 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 425001 | 1 |
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| Last trade - 08.18am 12/07/2024 (20 minute delay) ? |
| CAZ (ASX) Chart |
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