Sometimes my head hurts.
Right now the share price is around 30% higher than it has been for 3 months.
A few days back it was 40% up.
If your concerned it’s a pump and dump feel free to sell....no one is making you hold. There’s a profit waiting for you at 10am tomorrow morning.
There are plenty of holders here who held up to mid 50’s, back down to low 20’s, back up to 40 and now back down again.....I think you’ll find these guys and girls don’t really care because they understand the true value here.....and more importantly, they understand how low SOi companies trade.
This is a normal pattern, there is nothing out of the ordinary with what happened in the last week.....might happen again next week. So what, it’s just normal movement.
There are many here that if they sold their holdings at open tomorrow they would drive the price down to the teens. We understand selling at the moment is stupid and it’s not why we bought. A 50% gain isn’t what I’m after here, even 100%, pocket change.
I truly believe this share will go $2+ easily when it runs and I’ll be selling into those hundreds of bidders who are tripping over themselves trying to get what little shares are in free float. If the results are good enough it could go $5. When are those results coming...may be this round, may be the next one. I held DEG through CR’s and price fluctuations and even at one point us shareholders were royally screwed by the company......but then what I and other loyal shareholders believed in came to fruition and over the course of a couple months I watched the share price sky rocket. Sold most of my 7c shares for well over $1.
What did we do...5 million shares last week? Wait for the week there are 5m shares a day traded. Then we will all see the true value here.
If you can’t handle the swings then sell up tomorrow because the stress isn’t worth it.....if you have faith in your research forget about CNB, set ann notifications on your phone and only check the price here when they drop news.
What did Rob say....”the share price will look after itself”.....trust
- Forums
- ASX - By Stock
- CNB
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-27
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNB (ASX) to my watchlist
|
|||||
Last
39.0¢ |
Change
0.015(4.00%) |
Mkt cap ! $67.05M |
Open | High | Low | Value | Volume |
38.0¢ | 39.0¢ | 37.5¢ | $87.89K | 231.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 29000 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 52008 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 29000 | 0.380 |
4 | 24665 | 0.375 |
6 | 48702 | 0.370 |
3 | 32000 | 0.365 |
3 | 111000 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 52008 | 1 |
0.395 | 5000 | 1 |
0.400 | 81310 | 2 |
0.410 | 73461 | 2 |
0.420 | 500 | 1 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
Featured News
CNB (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online