My thoughts on CR
40m new shares @ $2
$80m war chest to negate hedged position.
If pog continues trajectory macq facility becomes increasingly inefficient economically. This would give us the option. Obviously pog goes down Macquarie facility becomes more attractive.
This is pure speculation and I suspect they have come up with something smarter.
Hedging can be nasty. Have a look at Dacian
My thoughts on CR40m new shares @ $2$80m war chest to negate...
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Last
$9.24 |
Change
0.140(1.54%) |
Mkt cap ! $4.007B | |||
| Open | High | Low | Value | Volume |
| $9.15 | $9.33 | $9.01 | $4.149M | 450.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 4192 | $9.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.25 | 4755 | 43 |
View Market Depth
| Last trade - 13.21pm 30/07/2025 (20 minute delay) ? |
| CMM (ASX) Chart |