"but I'm delighted to have these guys looking after my investment." And
“Near on $70Mill over the past few years
So your saying they had 70 million but now have only 38 million and still have no income whatsoever - I'd be worried as they have lost half of what they had and still have come up with nothing .....They are at cash backing so you could effectively take them out tomorrow at a standard 30% premium to the VWAP of around 0.1885c and get most of your cash back within a month but no company out there seems to want to do this ....I wonder why??? They are either extremely stupid and completely naive or maybe they see no value in CHN’s tenements and would rather keep their cash -CHN holders are extremely hopeful that the needle will be found maybe they might strike it rich however starting to look like another WPG to me and they at one stage had over 346 million and now in administration
https://en.wikipedia.org/wiki/WPG_Resources
"but I'm delighted to have these guys looking after my...
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Last
$1.68 |
Change
-0.040(2.33%) |
Mkt cap ! $653.4M | |||
| Open | High | Low | Value | Volume |
| $1.72 | $1.76 | $1.66 | $5.985M | 3.520M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12000 | $1.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 9325 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$1.68 |
Change
-0.040 ( 2.97 %) |
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| Open | High | Low | Volume | ||
| $1.73 | $1.76 | $1.67 | 799865 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| CHN (ASX) Chart |