CBE 6.94% 6.7¢ cobre limited

I contemplated the arrangement with the drilling contractor over...

  1. 34 Posts.
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    I contemplated the arrangement with the drilling contractor over the weekend (being paid in stock rather than cash). While it helps the cash flow, it does pose a potential issue of a large share holder having access to potentially price sensitive information before anyone else (incl. management). I hope that this is something considered by CBE when they entered into the agreement and that they have appropriate controls in place to manage it. I don't believe the stock is escrowed (though could be wrong on this).

    If it surfaces that the drilling contractors sold their stock a week or two before poor assay results are released, a lot of share holders (me included) would rightfully be very upset (to put it mildly).
 
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Last
6.7¢
Change
-0.005(6.94%)
Mkt cap ! $22.18M
Open High Low Value Volume
7.4¢ 7.5¢ 6.6¢ $108.3K 1.553M

Buyers (Bids)

No. Vol. Price($)
2 108000 6.7¢
 

Sellers (Offers)

Price($) Vol. No.
7.7¢ 100000 1
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Last trade - 15.57pm 21/06/2024 (20 minute delay) ?
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