COD 1.49% 6.6¢ coda minerals ltd

Ann: Trading Halt, page-69

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  1. 508 Posts.
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    Pretty much everything's down today 5-15% and even more since last Wed (when COD went into TH), you have to keep in mind that the gap down today is due to the risk off sentiment and heavy sell down in resource stocks since mid last week so a 13% drop off is not actually that bad IMO and better than most juniors in that timeframe. Fully diluted MC is $120M right now, there is a lot of upside and limited downside considering copper is being dubbed "the new oil". This is a temporary pull back in what is almost certainly the early stages of a major secular bull market... barring a major black swan event that derails the global economy that is. I'm more than happy riding the next few days of volatility as we are only a few days away from getting visual drill results and some good follow up results will see this break the $200M MC pretty easily IMO. Well cashed up, still a very tight capital structure and highly leveraged to success with the drill bit. Bring it on!
 
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Last
6.6¢
Change
-0.001(1.49%)
Mkt cap ! $14.49M
Open High Low Value Volume
6.6¢ 6.7¢ 6.6¢ $16.74K 253.4K

Buyers (Bids)

No. Vol. Price($)
2 69124 6.5¢
 

Sellers (Offers)

Price($) Vol. No.
6.6¢ 23196 1
View Market Depth
Last trade - 15.53pm 01/11/2024 (20 minute delay) ?
COD (ASX) Chart
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