CTM 2.17% 47.0¢ centaurus metals limited

Ann: Successful Completion of $47M Share Placement, page-81

  1. 17,538 Posts.
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    ??? you do not seem to make a lot of sense.

    A discount was required as it went down unless you are saying it was fully priced at 73 cents in which case we are overpriced now. The dilution has to be factored in as well

    Which is it??

    If it was not required why do it and let the price drift up?

    No doubt there will be selling pressure going forward as milestones are reached and expectations dissipate. In fact other market opportunities have probably been a drag on the market in addition to time factors, especially since with the time factors there was no rush to get in when one factors what has already been released and baked in. Otherwise, don't do it and chase funds after the next milestones at higher prices if in fact their really was upside..

    I have invested in other stocks based on the movement in CTM to be honest. truth be told when these next milestones are reached the timelines most likely will not have changed
    Last edited by DavoMagic: 03/08/23
 
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