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50.5¢ centaurus metals limited

dont convince yourself mate, tell the truth, seems failure to me...

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Mininginvesting

1,140 Posts.

189

01/08/23

10:36

Post #: 69095793
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Originally posted by mercsman: ↑

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.

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dont convince yourself mate, tell the truth, seems failure to me on all ends.. needs mgmt reshuffle , and either someone from M&A background..

CTM Price at posting: 75.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 50.5¢		Change 0.005(1.00%)		Mkt cap ! $247.4M

Open	High	Low	Value	Volume
49.0¢	50.5¢	49.0¢	$157.7K	317.2K

Buyers (Bids)

No.	Vol.	Price($)
2	1059	50.0¢

Sellers (Offers)

Price($)	Vol.	No.
50.5¢	137721	2

View Market Depth

No.	Vol.	Price($)
2	1059	0.500
3	9450	0.495
2	19370	0.490
4	17730	0.485
3	124650	0.480

Price($)	Vol.	No.
0.505	140480	2
0.510	550116	2
0.515	1517	1
0.520	24270	2
0.525	10000	1

Last trade - 10.30am 22/05/2024 (20 minute delay)


Last 50.0¢			Change 0.005 ( 0.70 %)
Open	High		Low	Volume
49.0¢	50.5¢		49.0¢	13392
Last updated 10.43am 22/05/2024 ?

CTM (ASX) Chart

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