Nice!
Can be read several ways.
Completion of Substantial acquisition and CR, or
Completion of Substantial acquisition AND CR - being two different elements.
Given cash at bank, the (substantial) acquisition is more than likely performance based buy in. Low outlay with exploration required over time, earning % and payment of royalties on production - like we have with Terrativa at Salobo.
This would require a CR, to further fund the requirements of the acquisition. This CR will also fund drilling SW..
IMO I'm guessing a local acquisition that will see us have year round exploration and not hindered by Brazil wet seasons..
Focus shifted from IO to IOCG at the right time - maybe a shift to Li??
Either way it appears the MC is about to add up to 50% to current levels I would think.. Sell orders being pulled and lifted up the queue - always a good sign
Given a few red days, plenty of ppl will be looking to get on anything with a positive price sensitive ANN come Friday..
- Forums
- ASX - By Stock
- CTM
- Ann: Trading Halt
Ann: Trading Halt, page-17
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTM (ASX) to my watchlist
|
|||||
Last
31.5¢ |
Change
-0.035(10.0%) |
Mkt cap ! $156.3M |
Open | High | Low | Value | Volume |
34.5¢ | 34.5¢ | 30.5¢ | $367.9K | 1.165M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 205976 | 31.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 54649 | 0.315 |
2 | 60000 | 0.310 |
5 | 222015 | 0.305 |
12 | 92466 | 0.300 |
4 | 55101 | 0.295 |
Price($) | Vol. | No. |
---|---|---|
0.345 | 10000 | 1 |
0.350 | 156625 | 1 |
0.360 | 35974 | 2 |
0.365 | 49417 | 1 |
0.370 | 50000 | 1 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
Featured News
CTM (ASX) Chart |