Yep, massive cash balance means no raising anytime soon.
It also means downside from here is limited, while upside could easily be a few bags with upcoming news flow.
I'm sure they'll get some geologists on the ground over the next few days/weeks for pictures of conglomerates and perhaps detect for nugget zones.
Any news in relation to what I've just mentioned would see us trade well above 50 cents.
I'm accumulating shares here for the long term.
Yep, massive cash balance means no raising anytime soon. It also...
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.64 |
Change
0.055(3.47%) |
Mkt cap ! $637.9M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.69 | $1.59 | $5.864M | 3.573M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 67693 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 1340 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.64 |
Change
0.055 ( 3.82 %) |
||||
| Open | High | Low | Volume | ||
| $1.59 | $1.69 | $1.59 | 509496 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| CHN (ASX) Chart |