I'm wondering if we've entered a similar pattern to 2020 where by announcements that were proving up the resource were sold into.
in 2020 we had a few times where the price would bounce around 30c - (45-50c), eventually the price caught up to the potential of the company.
I too was slightly concerned by the comments of $4 SP in 2-4weeks after a short rally.
CNB is a hot stock and is presenting opportunities for the market to capitalise and make money (the core aim of literally everyone)
I still take the long hold approach, but I've been in since 16c so the swings are a little harder to stomach now...
we do need LF to really pop off before I see this being back around the $2.50 mark
I'm wondering if we've entered a similar pattern to...
Add CNB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
65.5¢ |
Change
-0.040(5.76%) |
Mkt cap ! $106.6M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 70.0¢ | 64.5¢ | $145.5K | 216.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8155 | 65.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 17781 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
65.0¢ |
Change
-0.040 ( 4.41 %) |
||||
| Open | High | Low | Volume | ||
| 69.0¢ | 69.0¢ | 64.5¢ | 59665 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| CNB (ASX) Chart |