Welcome back, great to see you posting!
While there are a lot of complainers here I don't think most have any idea how difficult it is to raise $ in the current environment. Money is no longer cheap, the fact CTM managed to raise $47M so easily is a real positive, as is the fact there is no SPP to keep us down for 2 months. I'm thankful they didn't offer freebie options, which is what many other companies have been doing recently along with a discounted raise. Let's see how the new register looks and which Top 20 shareholders supported the raise.
As a shareholder, do I want a company I'm heavily invested in to stop drilling and growing the resource due to lack of $? Hell No.
Drilling isn't free, and the fact CTM holds the largest undeveloped nickel sulphide resource outside of a major is why I am invested here. That hasn't changed overnight, right?
CTM is now cashed up and has a very strong 12 months ahead, and I plan to enjoy the ride from here as I'm confident it'll be a very positive one.
Welcome back, great to see you posting!While there are a lot of...
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Last
42.5¢ |
Change
-0.005(1.16%) |
Mkt cap ! $211.0M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 42.0¢ | $34.45K | 80.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44989 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 1235 | 1 |
View Market Depth
| Last trade - 15.28pm 15/11/2024 (20 minute delay) ? |
| CTM (ASX) Chart |