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
- Ann: Trading Halt
Nice! Can be read several ways. Completion of Substantial...
-
- 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
(20min delay)
|
|||||
Last
47.0¢ |
Change
0.010(2.17%) |
Mkt cap ! $233.4M |
Open | High | Low | Value | Volume |
45.0¢ | 47.5¢ | 45.0¢ | $206.0K | 447.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 5000 | 45.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.0¢ | 2880 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5000 | 0.455 |
1 | 22000 | 0.450 |
1 | 10000 | 0.445 |
1 | 10000 | 0.440 |
2 | 30000 | 0.430 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 27260 | 3 |
0.490 | 35400 | 2 |
0.495 | 4548 | 1 |
0.500 | 8144 | 2 |
0.530 | 5000 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
CTM (ASX) Chart |