I'm thinking it's also possible they got offered a great deal and the CR could be at a premium... if not then why did they pull the trigger so fast? Definitely in this market you take the money while it's there however these discoveries usually take weeks to be "priced in" (regardless of how overvalued a lot of them become). This company is really cheap IMO for what they have. The first hole in the first of 50+ targets surely would have some bargain hunting, strategic investors excited. There is a lot on sale at the moment and we all know how bullish the outlook is for copper over the medium to long term
I'm thinking it's also possible they got offered a great deal...
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Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.17M | |||
| Open | High | Low | Value | Volume |
| 7.2¢ | 7.2¢ | 6.9¢ | $64.28K | 916.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 94331 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 127529 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
7.0¢ |
Change
0.000 ( 1.45 %) |
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| Open | High | Low | Volume | ||
| 7.0¢ | 7.2¢ | 7.0¢ | 126849 | ||
| Last updated 14.09pm 03/05/2024 ? | |||||
| CBE (ASX) Chart |