I don't imagine it was a spur of the moment decision, I imagine CCZ have been courting him for some time. He's probably rolling his eyes at amateur hour like we all are.
But this will blow over and deal $3-5m damage in MC along the way. Hopefully we will be exploring again by the end of Jan.
What it does guarantee, unless a rabbit is pulled out of the hat regarding stockpiles is a share price so hopelessly out of the money regarding the SPP that there won't be much take up and dilution of our holdings.
I don't suppose the sophis will like their probable 50% bath already so another CR will be hard. Should incentivise Alan to get this Noble deal binding.
Ann: Trading Halt, page-43
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Last
1.1¢ |
Change
0.001(4.76%) |
Mkt cap ! $14.53M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $17.53K | 1.730M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2099938 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2425230 | 3 |
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| Last trade - 12.25pm 15/11/2024 (20 minute delay) ? |
| CCZ (ASX) Chart |