Unlike so many speculative stocks switching from commodity to commodity with no clear direction, CR9 is moving strongly forward with a clear focus. Also unlike so many speculative stocks with billions of SOI and low Top 20 ownership , CR9 has roughly 465 million SOI which about 42 % are owned by the Top 20 according to the latest annual report.
There are so many speculative stocks which trade in the tens of millions of dollars or hundreds of millions of dollars which never actually produce anything but hope. In regards to CR9 this is unknown as of yet. but what we do know is CR9 is trading at roughly a $10 to $11 million market cap with a Feasibility Study to commence in the next few months which could be then be followed by Offtake Agreements.
The aim here is to become a highly profitable producer but in reality speculative stocks are built mostly about potential and the future and Offtake agreements whether binding or not could see this becoming a ten bagger or more from where it is currently trading whether they become producer or not. If you cannot see that when investing in speculative stocks then you have no idea how this sector works.
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.720M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 49859 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 271500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49859 | 0.010 |
1 | 303402 | 0.009 |
6 | 2003235 | 0.008 |
4 | 1080032 | 0.007 |
2 | 400000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 71500 | 1 |
0.010 | 200000 | 1 |
0.011 | 100000 | 1 |
0.012 | 196405 | 3 |
0.015 | 24871 | 1 |
Last trade - 09.57am 02/10/2024 (20 minute delay) ? |
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CR9 (ASX) Chart |
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